REDSTONE SUMNER M 4
4 · CBS CORP · Filed Jan 28, 2019
Insider Transaction Report
Form 4
CBS CORPCBS, CBS.A
REDSTONE SUMNER M
DirectorExecutive Chairman10% Owner
Transactions
- Conversion
CBS Class A common stock
2019-01-24−9,700,000→ 20,182,599 total(indirect: By NAI and NAI EH) - Conversion
CBS Class B common stock
2019-01-24+9,700,000→ 18,943,800 total(indirect: By NAI and NAI EH)
Holdings
- 40
CBS Class A common stock
- 202,493
CBS Class B common stock
Footnotes (3)
- [F1]Shares of Class A Common Stock were converted to shares of Class B Common Stock on a one-to-one basis for no consideration pursuant to the terms of the Class A Common Stock under the Issuer's Amended and Restated Certificate of Incorporation.
- [F2]Of these securities, (i) 16,871,812 shares are owned directly by National Amusements, Inc. (NAI); and (ii) 3,310,787 shares are owned directly by NAI Entertainment Holdings LLC (NAI EH). NAI EH is a wholly-owned subsidiary of NAI. 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. Since Reporting Persons' last Form 4 report, shares that were previously held by NAI Asset Holdings LLC were transferred to NAI.
- [F3]Of these securities, (i) 8,203,523 shares are owned directly by National Amusements, Inc. (NAI); and (ii) 10,740,277 shares are owned directly by NAI Entertainment Holdings LLC (NAI EH). NAI EH is a wholly-owned subsidiary of NAI. 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. Since Reporting Persons' last Form 4 report, shares that were previously held by NAI Asset Holdings LLC were transferred to NAI.