SEC Form 4 · accession 0001225208-19-003591
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard M Jones
Officer — EVP, General Tax Counsel
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 7:37 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 22, 2019 | M | 2,030 | $0.00 | A | 102,441 | D | |
| CBS Class B common stock | Feb 22, 2019 | F | 847 | $51.69 | D | 101,594 | D | |
| CBS Class B common stockF2 | Feb 23, 2019 | M | 1,646 | $0.00 | A | 103,240 | D | |
| CBS Class B common stock | Feb 23, 2019 | F | 807 | $51.69 | D | 102,433 | D | |
| CBS Class B common stock | holding | — | — | — | 1,844 | 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 21, 2019 | A | 7,364 | A | Feb 21, 2020 | — | CBS Class B common stock | 7,364 | 7,364 | D |
| Restricted Share UnitsF3,F5 | — | Feb 21, 2019 | A | 4,260 | A | Feb 22, 2019 | — | CBS Class B common stock | 4,260 | 8,125 | D |
| Restricted Share UnitsF3,F5 | — | Feb 22, 2019 | M | 2,030 | D | Feb 22, 2019 | — | CBS Class B common stock | 2,030 | 6,095 | D |
| Restricted Share UnitsF3,F7 | — | Feb 23, 2019 | M | 1,646 | D | Feb 23, 2018 | — | CBS Class B common stock | 1,646 | 3,288 | D |
Explanation of responses
- F1On February 22, 2019, the closing price of the CBS Class B common stock on the NYSE was $51.69.
- F2On February 22, 2019, the last preceding business day, the closing price of the CBS Class B common stock on the NYSE was $51.69.
- F3Granted under the Issuer's long term incentive plan.
- F4These Restricted Share Units vest in four equal annual installments beginning on February 21, 2020 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
- F5These Restricted Share Units vest in four equal annual installments beginning on February 22, 2019 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
- F6On February 21, 2019, the performance target associated with these Restricted Share Units was certified as having been achieved.
- F7These Restricted Share Units vest in four equal annual installments beginning on February 23, 2018 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.