CALIFANO JOSEPH A 4
4 · CBS CORP · Filed Feb 20, 2018
Insider Transaction Report
Form 4
CBS CORPCBS, CBS.A
CALIFANO JOSEPH A
Director
Transactions
- Exercise/Conversion
CBS Class B common stock
2018-02-15+3,066→ 66,836 total - Exercise/Conversion
Restricted Share Units
2018-02-15−3,066→ 0 totalFrom: 2018-02-15→ CBS Class B common stock (3,066 underlying) - Award
Restricted Share Units
2018-02-15+3,525→ 3,525 totalFrom: 2019-02-15→ CBS Class B common stock (3,525 underlying) - Award
CBS Class B common stock
2018-02-15+233→ 67,069 total
Holdings
- 927(indirect: By Spouse)
CBS Class B common stock
Footnotes (7)
- [F1]Represents shares of the Issuer's Class B common stock to which the Reporting Person became entitled upon vesting of Restricted Share Units, receipt of which the Reporting Person has elected to defer.
- [F2]On February 15, 2018, the closing price of the CBS Class B common stock on the NYSE was $56.74.
- [F3]Represents shares of the Issuer's Class B common stock to which the Reporting Person became entitled with respect to (i) dividend equivalents accrued prior to vesting of Restricted Share Units, receipt of which the Reporting Person has elected to defer; and (ii) dividend equivalents accrued on previously vested Restricted Share Units for which settlement has been deferred.
- [F4]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.
- [F5]Granted under the Issuer's Equity Plan for Outside Directors.
- [F6]The Restricted Share Units, which were granted on February 15, 2017, vested on February 15, 2018 and will be settled by delivery of a corresponding number of shares of the Issuer's Class B Common Stock. The Reporting Person has elected to defer receipt of such shares of Class B Common Stock.
- [F7]The Restricted Share Units will vest on February 15, 2019 and will be settled by delivery of a corresponding number of shares of the Issuer's Class B Common Stock upon vesting, unless the Reporting Person has elected to defer settlement.