Filing Details

Accession Number:
0001225208-15-005828
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-02-25 21:00:25
Reporting Period:
2015-02-23
Filing Date:
2015-02-25
Accepted Time:
2015-02-25 21:00:25
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
Chief Operating 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 Acquisiton 2015-02-23 28,000 $23.19 225,642 No 4 M Direct
Cbs Class B Common Stock Acquisiton 2015-02-23 22,748 $0.00 248,390 No 4 M Direct
Cbs Class B Common Stock Acquisiton 2015-02-23 16,812 $0.00 265,202 No 4 M Direct
Cbs Class B Common Stock Disposition 2015-02-23 22,134 $59.67 243,068 No 4 F Direct
Cbs Class B Common Stock Disposition 2015-02-23 28,000 $59.53 215,068 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 F 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 2015-02-23 28,000 $0.00 28,000 $23.19
Cbs Class B Common Stock Restricted Share Units Disposition 2015-02-23 22,748 $0.00 22,748 $0.00
Cbs Class B Common Stock Restricted Share Units Disposition 2015-02-23 16,812 $0.00 16,812 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
102,102 2012-03-01 2019-03-01 No 4 M Direct
0 2012-02-23 No 4 M Direct
16,815 2013-02-23 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Cbs Class B Common Stock 4,007 Indirect By 401(k)
Cbs Class B Common Stock 2,322 Indirect By Spouse - 401(k) Plan
Footnotes
  1. On February 23, 2015, the closing price of the CBS Class B common stock on the NYSE was $59.67.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.12 to $59.72, 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. This option vests in four equal annual installments beginning March 1, 2012.
  7. Granted under the Issuer's long term incentive plan.
  8. The Restricted Share Units vested in four equal annual installments beginning on February 23, 2012 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.
  9. The Restricted Share Units vest in four equal annual installments beginning on February 23, 2013 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.