REDSTONE SUMNER M 4
4 · Viacom Inc. · Filed Dec 6, 2019
Insider Transaction Report
Form 4
Viacom Inc.VIA, VIAB
REDSTONE SUMNER M
DirectorChairman of the Board10% Owner
Transactions
- Disposition to Issuer
Class A Common Stock
2019-12-04−14,329,561→ 0 total(indirect: By NAI EH) - Disposition to Issuer
Class B Common Stock
2019-12-04−371,700→ 0 total(indirect: By NAI) - Disposition to Issuer
Class A Common Stock
2019-12-04−40→ 0 total - Disposition to Issuer
Class A Common Stock
2019-12-04−25,112,771→ 0 total(indirect: By NAI)
Footnotes (3)
- [F1]Pursuant to the merger agreement (the "Merger Agreement") between CBS Corporation ("CBS") and Viacom Inc. ("Viacom"), each share of Viacom Class A Common Stock held by the reporting person was converted automatically into 0.59625 shares of CBS Class A Common Stock and each share of Viacom Class B Common Stock held by the reporting person was converted automatically into 0.59625 shares of CBS Class B Common Stock.
- [F2]These securities are owned directly by National Amusements Inc. ("NAI"), and may also be deemed to be beneficially owned by (1) Sumner M. Redstone, who is the controlling stockholder of NAI and (2) the Sumner M. Redstone National Amusements Trust (the "SMR Trust"). NAI is controlled by Mr. Redstone through the SMR Trust, which owns 80% of the voting interest of NAI.
- [F3]These securities are owned directly by NAI Entertainment Holdings LLC, a wholly owned subsidiary of NAI, and may also be deemed to be beneficially owned by (1) Sumner M. Redstone, who is the controlling stockholder of NAI and (2) the SMR Trust. NAI is controlled by Mr. Redstone through the SMR Trust, which owns 80% of the voting interest of NAI.