SEC Form 4 · accession 0001225208-18-010719
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gil D Schwartz
Officer — Sr.EVP, Chief Commun. Officer
Period of report
Jun 14, 2018
Accepted (ET)
Jun 15, 2018 · 7:47 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 stock | Jun 14, 2018 | M | 54,360 | $29.44 | A | 110,252 | D | |
| CBS Class B common stock | Jun 14, 2018 | M | 41,060 | $43.21 | A | 151,312 | D | |
| CBS Class B common stock | Jun 14, 2018 | M | 26,186 | $45.79 | A | 177,498 | D | |
| CBS Class B common stockF1 | Jun 14, 2018 | S | 160,709 | $55.0828 | D | 16,789 | D | |
| CBS Class B common stock | holding | — | — | — | 4,784 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2,F3 | $43.21 | Jun 14, 2018 | M | 41,060 | D | Feb 12, 2014 | Feb 12, 2021 | CBS Class B common stock | 41,060 | 0 | D |
| Employee Stock Option (right to buy)F2,F4 | $45.79 | Jun 14, 2018 | M | 26,186 | D | Feb 18, 2017 | Feb 18, 2024 | CBS Class B common stock | 26,186 | 26,187 | D |
| Employee Stock Option (right to buy)F2,F5 | $29.44 | Jun 14, 2018 | M | 54,360 | D | Feb 23, 2013 | Feb 23, 2020 | CBS Class B common stock | 54,360 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.01 to $55.19, inclusive. The reporting person undertakes to provide upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2Right to buy under Issuer's long term incentive plan.
- F3Current. This option vested in four equal installments beginning on February 12, 2014.
- F4This option vests in four equal installments beginning on February 18, 2017.
- F5Current. This option vested in four equal installments beginning on February 23, 2013.