0001225208-14-021517.txt : 20141015
0001225208-14-021517.hdr.sgml : 20141009
20141009192708
ACCESSION NUMBER: 0001225208-14-021517
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20141008
FILED AS OF DATE: 20141009
DATE AS OF CHANGE: 20141009
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CBS CORP
CENTRAL INDEX KEY: 0000813828
STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833]
IRS NUMBER: 042949533
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 51 WEST 52ND STREET
STREET 2: 35TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 2129754321
MAIL ADDRESS:
STREET 1: 51 WEST 52ND STREET
STREET 2: 35TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10019
FORMER COMPANY:
FORMER CONFORMED NAME: VIACOM INC
DATE OF NAME CHANGE: 19920703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: REDSTONE SUMNER M
CENTRAL INDEX KEY: 0001204726
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09553
FILM NUMBER: 141151050
MAIL ADDRESS:
STREET 1: 1515 BROADWAY
CITY: NEW YORK
STATE: NY
ZIP: 10036
4
1
doc4.xml
X0306
4
2014-10-08
0000813828
CBS CORP
CBS, CBS.A
0001204726
REDSTONE SUMNER M
51 WEST 52ND STREET
NEW YORK
NY
10019
1
1
1
Executive Chairman
CBS Class B common stock
2014-10-08
4
M
0
47800.0000
30.2100
A
250293.0000
D
CBS Class B common stock
2014-10-08
4
D
0
47800.0000
52.5900
D
202493.0000
D
CBS Class B common stock
9627200.0000
I
By NAI and NAI EH
Stock Option Equivalents
30.2100
2014-10-08
4
M
0
47800.0000
0.0000
D
2015-03-16
CBS Class B common stock
47800.0000
812069.0000
D
In accordance with the Reporting Person's employment agreement with the Issuer, on March 16, 2007, the Reporting Person's deferred compensation account balance with the Issuer was converted into Stock Option Equivalents ("SOEs") that expire on March 16, 2015. Each SOE corresponds to one share of the Issuer's Class B Common Stock and, when notionally exercised, results in a credit (no shares are issued) in the Reporting Person's deferred compensation account equal to the difference between the closing price of the Class B Common Stock on the New York Stock Exchange on the date of exercise and the exercise price of the SOEs. The notional exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 16, 2014.
Of these securities, (i) 3,827,200 shares are owned directly by National Amusements Inc. (NAI) and (ii) 5,800,000 shares are owned directly by NAI Entertainment Holdings LLC (NAI EH). 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.
Current.
/s/ Angeline C. Straka, Attorney-in-fact
2014-10-09