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Filing Details

Accession Number:
0001225208-15-005278
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-02-23 21:10:36
Reporting Period:
2015-02-19
Filing Date:
2015-02-23
Accepted Time:
2015-02-23 21:10:36
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 2015-02-19 235,806 $0.00 438,299 No 4 A Direct
Cbs Class B Common Stock Disposition 2015-02-19 132,641 $59.54 305,658 No 4 F Direct
Cbs Class B Common Stock Disposition 2015-02-20 103,165 $59.45 202,493 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Cbs Class B Common Stock 9,430,250 Indirect By NAI and NAI EH
Footnotes
  1. Acquired in connection with the vesting of performance share units granted on January 1, 2012.
  2. On February 19, 2015, the closing price of the CBS Class B Common stock on the NYSE was $59.54.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.45 to $59.455, 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. Of these securities, (i) 3,630,250 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.