CBS CORP 4
4 · CBS CORP · Filed Jul 5, 2017
Insider Transaction Report
Form 4
CBS CORPCBS, CBS.A
Kopelson Arnold
Director
Transactions
- Award
Phantom Class B Common Stock Units
2017-07-01$63.78/sh+11$702→ 3,624 total→ CBS Class B common stock (11 underlying) - Award
Phantom Class A Common Stock Units
2017-07-01$64.81/sh+10$648→ 3,620 total→ CBS Class A common stock (10 underlying)
Footnotes (1)
- [F1]Represents cash dividends credited during the previous quarter on amounts previously deferred pursuant to the Issuer's deferred compensation arrangement for directors. Such amounts are deemed invested quarterly in the number of Phantom Common Stock Units equal to the number of shares of Class A and Class B Common Stock that such amounts would have purchased when converted. Phantom Common Stock Units are paid out after the Director's retirement from the Board and are settled in cash.