SEC Form 4 · accession 0001225208-18-013282

CBS CORP · CBS, CBS.A

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Anthony G Ambrosio

Officer — Sr.EVP Chief Admin & HR Ofcr

Period of report

Sep 6, 2018

Accepted (ET)

Sep 10, 2018 · 7:45 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^F1	Sep 6, 2018	M	2,100	$23.19	A	121,353	D
CBS Class B common stock^F3	Sep 6, 2018	S	2,100	$55.1557	D	119,253	D
CBS Class B common stock	Sep 7, 2018	M	13,579	$23.19	A	82,832	D
CBS Class B common stock^F4	Sep 7, 2018	S	3,399	$55.7949	D	79,433	D
CBS Class B common stock^F5	Sep 7, 2018	S	10,180	$56.4391	D	69,253	D
CBS Class B common stock	holding	—	—		—	5,603	I	By 401(k)
CBS Class B common stock^F1	holding	—	—		—	12,863	I	By Family Trust # 18
CBS Class B common stock	holding	—	—		—	8,513	I	By Family Trust #15
CBS Class B common stock	holding	—	—		—	7,744	I	By Family Trust #16
CBS Class B common stock	holding	—	—		—	15,246	I	By Family Trust #17
CBS Class B common stock	holding	—	—		—	50,000	I	By Family Trust #19
CBS Class B common stock^F1	holding	—	—		—	18,029	I	By Family Trust A
CBS Class B common stock^F1	holding	—	—		—	18,829	I	By Family Trust B

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)^F6,F7	$23.19	Sep 6, 2018	M	2,100	D	Mar 1, 2012	Mar 1, 2019	CBS Class B common stock	2,100	29,259	D
Employee Stock Option (right to buy)^F6,F7	$23.19	Sep 7, 2018	M	13,579	D	Mar 1, 2012	Mar 1, 2019	CBS Class B common stock	13,579	15,680	D

Explanation of responses

F1Reflects the transfer of shares of CBS Class B common stock (i) from the reporting person to Family Trust #19 and (ii) from Family Trust Nos. 14 and18 to the reporting person, Family Trust A and Family Trust B, since the reporting person's last ownership report.
F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.53, 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.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.06 to $56.05, 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.
F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.07 to $57.00, 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.
F6Right to buy under Issuer's long term incentive plan.
F7Current. This option vested in four equal annual installments beginning on March 1, 2012.