Filing Details
- Accession Number:
- 0001225208-14-013031
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-05-14 20:58:29
- Reporting Period:
- 2014-05-12
- Filing Date:
- 2014-05-14
- Accepted Time:
- 2014-05-14 20:58:29
- 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 |
|---|---|---|---|---|---|---|---|
| 1204726 | M Sumner Redstone | 51 West 52Nd Street New York NY 10019 | Executive Chairman | Yes | Yes | Yes | 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 | 2014-05-12 | 700,934 | $23.96 | 903,427 | No | 4 | M | Direct | |
| Cbs Class B Common Stock | Acquisiton | 2014-05-12 | 620,604 | $30.21 | 1,524,031 | No | 4 | M | Direct | |
| Cbs Class B Common Stock | Acquisiton | 2014-05-12 | 178,462 | $15.39 | 1,702,493 | No | 4 | M | Direct | |
| Cbs Class B Common Stock | Disposition | 2014-05-12 | 1,500,000 | $57.22 | 202,493 | No | 4 | S | Direct | |
| Cbs Class B Common Stock | Acquisiton | 2014-05-13 | 1,115,676 | $5.20 | 1,318,169 | No | 4 | M | Direct | |
| Cbs Class B Common Stock | Acquisiton | 2014-05-13 | 266,538 | $15.39 | 1,584,707 | No | 4 | M | Direct | |
| Cbs Class B Common Stock | Disposition | 2014-05-13 | 51,048 | $57.56 | 1,533,659 | No | 4 | S | Direct | |
| Cbs Class B Common Stock | Disposition | 2014-05-13 | 1,331,166 | $56.91 | 202,493 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | 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 | 2014-05-12 | 700,934 | $0.00 | 700,934 | $23.96 |
| Cbs Class B Common Stock | Employee Stock Option (right to buy) | Disposition | 2014-05-12 | 620,604 | $0.00 | 620,604 | $30.21 |
| Cbs Class B Common Stock | Employee Stock Option (right to buy) | Disposition | 2014-05-12 | 178,462 | $0.00 | 178,462 | $15.39 |
| Cbs Class B Common Stock | Employee Stock Option (right to buy) | Disposition | 2014-05-13 | 1,115,676 | $0.00 | 1,115,676 | $5.20 |
| Cbs Class B Common Stock | Employee Stock Option (right to buy) | Disposition | 2014-05-13 | 266,538 | $0.00 | 266,538 | $15.39 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2016-02-28 | No | 4 | M | Direct | |
| 0 | 2015-03-16 | No | 4 | M | Direct | |
| 266,538 | 2016-09-22 | No | 4 | M | Direct | |
| 618,428 | 2017-02-24 | No | 4 | M | Direct | |
| 0 | 2016-09-22 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Cbs Class B Common Stock | 8,627,200 | Indirect | By NAI and NAI EH |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.98 to $57.64, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.51 to $57.75, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.51 to $57.50, 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.
- Of these securities, (i) 2,827,200 shares are owned directly by National Amusements Inc. (NAI) and (ii) 5,800,000 shares are owned directly by NAI Entertainment Holdings LLC (NAI EH). The shares owned directly by NAI EH may also be deemed to be beneficially owned by NAI, and such shares, as well as the shares owned directly by NAI, may also be deemed to be beneficially owned by Sumner M. Redstone, who is the controlling stockholder of NAI.
- Right to buy under Issuer's long term incentive plan.
- Current.
Billionaire Hedge Funds
