Filing Details

Accession Number:
0001225208-13-003078
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-02-05 20:59:49
Reporting Period:
2013-02-01
Filing Date:
2013-02-05
Accepted Time:
2013-02-05 20:59:49
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
813828 Cbs Corp CBS, CBS.A Television Broadcasting Stations (4833) 042949533
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1333949 R Joseph Ianniello 51 West 52Nd Street
New York NY 10019
Evp And Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Cbs Class B Common Stock Acquisiton 2013-02-01 22,000 $26.30 116,722 No 4 M Direct
Cbs Class B Common Stock Disposition 2013-02-01 22,000 $42.16 94,722 No 4 S Direct
Cbs Class B Common Stock Acquisiton 2013-02-04 6,111 $26.30 100,833 No 4 M Direct
Cbs Class B Common Stock Acquisiton 2013-02-04 4,247 $28.30 105,080 No 4 M Direct
Cbs Class B Common Stock Disposition 2013-02-04 10,358 $42.02 94,722 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Cbs Class B Common Stock Employee Stock Option (right to buy) Disposition 2013-02-01 22,000 $0.00 22,000 $26.30
Cbs Class B Common Stock Employee Stock Option (right to buy) Disposition 2013-02-04 6,111 $0.00 6,111 $26.30
Cbs Class B Common Stock Employee Stock Option (right to buy) Disposition 2013-02-04 4,247 $0.00 4,247 $28.30
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,111 2014-05-25 No 4 M Direct
0 2014-05-25 No 4 M Direct
0 2014-09-06 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Cbs Class B Common Stock 4,234 Indirect By 401(k)
Cbs Class B Common Stock 357 Indirect By Spouse
Cbs Class B Common Stock 2,035 Indirect By Spouse - 401(k) Plan
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Cbs Class B Common Stock Restricted Share Units $0.00 2013-02-23 12,550 12,550 Indirect
Cbs Class B Common Stock Restricted Share Units $0.00 2013-02-24 2,524 2,524 Indirect
Cbs Class B Common Stock Restricted Share Units $0.00 2013-04-01 568 568 Indirect
Cbs Class B Common Stock Restricted Share Units $0.00 2013-04-02 408 408 Indirect
Cbs Class B Common Stock Class B Phantom Common Stock Units $0.00 1,458 1,458 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
12,550 12,550 Indirect
2,524 2,524 Indirect
568 568 Indirect
408 408 Indirect
1,458 1,458 Indirect
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.855 to $42.43, 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.805 to $42.28, 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.
  4. The Reporting Person disclaims beneficial ownership of these securities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purposes.
  5. Right to buy under Issuer's long term incentive plan.
  6. Current.
  7. Granted under the Issuer's long term incentive plan.
  8. The Restricted Share Units (RSUs) vest as follows: 3,962 RSUs on 2/23/13, 3,963 RSUs on 2/23/14, 2,714 RSUs on 2/23/15 and 1,911 RSUs on 2/23/16. The RSUs will be settled by delivery of a corresponding number of the Issuer's shares upon vesting.
  9. The Restricted Share Units are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
  10. The Restricted Share Units (RSUs) vest as follows: 416 RSUs on 4/1/2013 and 152 RSUs on 4/1/2014. The RSUs are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
  11. The Restricted Share Units will vest in three equal annual installments beginning on April 2, 2013 and will be settled by delivery of a corresponding number of the Issuer's shares upon vesting.
  12. Phantom common stock units are payable in cash following retirement or other termination of service pursuant to the Issuer's Excess 401(k) Plan for Designated Senior Executives. Each CBS Corporation Class B Phantom common stock unit is the economic equivalent of one share of CBS Corporation Class B common stock.