SEC Form 4 · accession 0001225208-19-003163
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Linda M Griego
Director
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 7:41 pm EST
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 | Feb 15, 2019 | M | 3,525 | $0.00 | A | 45,419 | D | |
| CBS Class B common stockF2,F1 | Feb 15, 2019 | A | 68 | $0.00 | A | 45,487 | D | |
| CBS Class B common stockF3,F1 | Feb 15, 2019 | A | 51 | $0.00 | A | 45,538 | D | |
| CBS Class B common stock | holding | — | — | — | 6,000 | I | By Spouse's IRA Account. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF4,F5 | — | Feb 15, 2019 | M | 3,525 | D | Feb 15, 2019 | — | CBS Class B common stock | 3,525 | 0 | D |
| Restricted Share UnitsF4,F6 | — | Feb 15, 2019 | A | 3,950 | A | Feb 15, 2020 | — | CBS Class B common stock | 3,950 | 3,950 | D |
Explanation of responses
- F1On February 15, 2019, the closing price of the CBS Class B common stock on the NYSE was $50.64.
- F2Represents shares of the Issuer's Class B common stock to which the Reporting Person became entitled with respect to dividend equivalents accrued on previously vested Restricted Share Units for which settlement has been deferred.
- F3Acquired in connection with the settlement of Restricted Share Units upon which dividend equivalents accrued prior to vesting.
- F4Granted under the Issuer's Equity Plan for Outside Directors.
- F5The Restricted Share Units, which were granted on February 15, 2018, vested on February 15, 2019 and were settled by delivery of a corresponding number of shares of the Issuer's Class B Common Stock.
- F6The Restricted Share Units will vest on February 15, 2020 and will be settled by delivery of a corresponding number of shares of the Issuer's Class B Common Stock upon vesting, unless the Reporting Person has elected to defer settlement.