SEC Form 4 · accession 0001225208-18-007224
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence Tu
Officer — Sr.EVP, Chief Legal Officer
Period of report
Apr 1, 2018
Accepted (ET)
Apr 3, 2018 · 5:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000813828
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CBS Class B common stockF1 | Apr 1, 2018 | M | 83 | $0.00 | A | 19,460 | D | |
| CBS Class B common stockF1 | Apr 1, 2018 | M | 77 | $0.00 | A | 19,537 | D | |
| CBS Class B common stock | Apr 1, 2018 | F | 80 | $51.39 | D | 19,457 | D | |
| CBS Class B common stock | holding | — | — | — | 188 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF2,F3 | — | Apr 1, 2018 | M | 77 | D | Apr 1, 2016 | — | CBS Class B common stock | 77 | 0 | D |
| Restricted Share UnitsF2,F4 | — | Apr 1, 2018 | M | 83 | D | Apr 1, 2017 | — | CBS Class B common stock | 83 | 83 | D |
Explanation of responses
- F1On March 30, 2018, the last preceding business day, the closing price of CBS Class B Common Stock on the NYSE was $51.39.
- F2Granted under the Issuer's long term incentive plan.
- F3The Restricted Share Units vest in three equal installments beginning on April 1, 2016 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
- F4The Restricted Share Units vest in three equal annual installments beginning on April 1, 2017 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.