SEC Form 4 · accession 0001225208-19-003593
CBS CORP · CBS, CBS.A
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David F. Byrnes
Officer — SVP, Controller and CAO
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 | 920 | $0.00 | A | 2,070 | D | |
| CBS Class B common stock | Feb 22, 2019 | F | 313 | $51.69 | D | 1,757 | D | |
| CBS Class B common stockF2 | Feb 23, 2019 | M | 754 | $0.00 | A | 2,511 | D | |
| CBS Class B common stock | Feb 23, 2019 | F | 257 | $51.69 | D | 2,254 | D |
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 | 3,927 | A | Feb 21, 2020 | — | CBS Class B common stock | 3,927 | 3,927 | D |
| Restricted Share UnitsF3,F5 | — | Feb 22, 2019 | M | 920 | D | Feb 22, 2019 | — | CBS Class B common stock | 920 | 2,761 | D |
| Restricted Share UnitsF3,F6 | — | Feb 23, 2019 | M | 754 | D | Feb 23, 2019 | — | CBS Class B common stock | 754 | 1,508 | 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.
- F6These Restricted Share Units vest in three annual installments beginning on February 23, 2018 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.