Filing Details

Accession Number:
0001225208-17-004627
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-02-24 20:30:03
Reporting Period:
2017-02-22
Filing Date:
2017-02-24
Accepted Time:
2017-02-24 20:30:03
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
1299977 Lawrence Tu 51 West 52Nd Street
New York NY 10019
Sr.evp, Chief Legal Officer 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 Disposition 2017-02-22 11,082 $67.35 0 No 4 S Direct
Cbs Class B Common Stock Acquisiton 2017-02-23 6,775 $0.00 6,775 No 4 A Direct
Cbs Class B Common Stock Disposition 2017-02-23 3,528 $66.31 3,247 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
No 4 F 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) Acquisiton 2017-02-23 80,000 $0.00 80,000 $66.31
Cbs Class B Common Stock Restricted Share Units Acquisiton 2017-02-23 20,329 $0.00 20,329 $0.00
Cbs Class B Common Stock Restricted Share Units Acquisiton 2017-02-23 15,834 $0.00 15,834 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
80,000 2018-02-23 2025-02-23 No 4 A Direct
37,527 2018-02-18 No 4 A Direct
15,834 2018-02-23 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Cbs Class B Common Stock 186 Indirect By 401(k)
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.22 to $67.41, 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.
  2. Acquired in connection with the vesting of performance based restricted share units granted on February 18, 2016.
  3. On February 23, 2017, the closing price of the CBS Class B Common stock on the NYSE was $66.31.
  4. Right to buy under Issuer's long term incentive plan.
  5. This option vests in four equal annual installments beginning on February 23, 2018.
  6. Granted under the Issuer's long term incentive plan.
  7. These Restricted Share Units vest in three equal annual installments beginning on February 18, 2018 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
  8. On February 23, 2017, the performance target associated with these Restricted Share Units was certified as having been achieved.
  9. These 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.