CBS CORP 4
4 · CBS CORP · Filed Oct 3, 2013
Insider Transaction Report
Form 4
CBS CORPCBS, CBS.A
BRISKMAN LOUIS J
EVP and General Counsel
Transactions
- Exercise/Conversion
CBS Class B common stock
2013-10-01$5.20/sh+28,000$145,600→ 337,782 total - Exercise/Conversion
Employee Stock Option (right to buy)
2013-10-01−28,000→ 142,847 totalExercise: $5.20From: 2010-02-24Exp: 2017-02-24→ CBS Class B common stock (28,000 underlying) - Sale
CBS Class B common stock
2013-10-01$55.73/sh−28,000$1,560,429→ 309,782 total
Holdings
- 4,878(indirect: By 401(k))
CBS Class B common stock
- 2,784(indirect: By Hill's End Partners, L.P.)
CBS Class B common stock
Footnotes (6)
- [F1]Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.29 to $55.98, 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.
- [F4]By Hill's End Partners, L.P., a family partnership. The Reporting Person disclaims beneficial ownership of the Class B common stock held by the partnership to the extent that he has no pecuniary interest.
- [F5]Right to buy under Issuer's long term incentive plan.
- [F6]These options vest in four equal annual installments beginning on February 24, 2010.