0001225208-14-016866.txt : 20140710 0001225208-14-016866.hdr.sgml : 20140710 20140710205632 ACCESSION NUMBER: 0001225208-14-016866 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140709 FILED AS OF DATE: 20140710 DATE AS OF CHANGE: 20140710 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: 14970588 MAIL ADDRESS: STREET 1: 1515 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10036 4 1 doc4.xml X0306 4 2014-07-09 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 2014-07-09 4 M 0 47800.0000 30.2100 A 250293.0000 D CBS Class B common stock 2014-07-09 4 D 0 47800.0000 63.9300 D 202493.0000 D CBS Class B common stock 8627200.0000 I By NAI and NAI EH Stock Option Equivalents 30.2100 2014-07-09 4 M 0 47800.0000 0.0000 D 2015-03-16 CBS Class B common stock 47800.0000 1433469.0000 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) 2,827,200 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 2014-07-10