SEC Form 4 · accession 0001225208-19-003174
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christina Spade
Officer — EVP, Chief Financial Officer
Period of report
Feb 18, 2019
Accepted (ET)
Feb 20, 2019 · 7:44 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 18, 2019 | M | 1,911 | $0.00 | A | 1,911 | D | |
| CBS Class B common stock | Feb 18, 2019 | F | 1,018 | $50.64 | D | 893 | D | |
| CBS Class B common stockF2 | Feb 19, 2019 | M | 1,050 | $0.00 | A | 1,943 | D | |
| CBS Class B common stock | Feb 19, 2019 | F | 559 | $50.57 | D | 1,384 | D | |
| CBS Class B common stock | holding | — | — | — | 601 | 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 UnitsF3,F4 | — | Feb 18, 2019 | M | 1,911 | D | Feb 18, 2019 | — | CBS Class B common stock | 1,911 | 1,911 | D |
| Restricted Share UnitsF3,F5 | — | Feb 19, 2019 | M | 1,050 | D | Feb 19, 2019 | — | CBS Class B common stock | 1,050 | 0 | D |
Explanation of responses
- F1On February 15, 2019, the last preceding business day, the closing price of the CBS Class B common stock on the NYSE was $50.64.
- F2On February 19, 2019, the closing price of the CBS Class B common stock on the NYSE was $50.57.
- F3Granted under the Issuer's long term incentive plan.
- F4These Restricted Share Units vest in two equal annual installments beginning on February 18, 2019 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
- F5These Restricted Share Units vest on February 19, 2019 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.