Sec Form 4 Filing - Ambrosio Anthony G @ CBS CORP - 2018-02-20

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Ambrosio Anthony G
2. Issuer Name and Ticker or Trading Symbol
CBS CORP [ CBS, CBS.A]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Sr.EVP Chief Admin & HR Ofcr
(Last) (First) (Middle)
51 WEST 52ND STREET
3. Date of Earliest Transaction (MM/DD/YY)
02/20/2018
(Street)
NEW YORK, NY10019
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
CBS Class B common stock 02/20/2018 M 4,164 A $ 0 ( 1 ) 25,438 D
CBS Class B common stock 02/20/2018 F 2,052 D $ 56.25 23,386 D
CBS Class B common stock 5,536 I By 401(k)
CBS Class B common stock 14,631 I By Family Trust # 14
CBS Class B common stock 30,899 I By Family Trust # 18
CBS Class B common stock 7,397 I By Family Trust #10
CBS Class B common stock 10,060 I By Family Trust #11
CBS Class B common stock 10,831 I By Family Trust #12
CBS Class B common stock 10,854 I By Family Trust #13
CBS Class B common stock 8,513 I By Family Trust #15
CBS Class B common stock 19,857 I By Family Trust #16
CBS Class B common stock 30,446 I By Family Trust #17
CBS Class B common stock 15,024 I By Family Trust A
CBS Class B common stock 15,825 I By Family Trust B
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Units ( 2 ) ( 3 ) 02/20/2018 M 4,164 02/20/2015( 3 ) ( 3 ) CBS Class B common stock 4,164 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ambrosio Anthony G
51 WEST 52ND STREET
NEW YORK, NY10019
Sr.EVP Chief Admin & HR Ofcr
Signatures
/s/ Anthony G. Ambrosio 02/22/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On February 20, 2018, the closing price of the CBS Class B common stock on the NYSE was $56.25.
( 2 )Granted under the Issuer's long term incentive plan.
( 3 )These Restricted Share Units vest in four equal annual installments beginning on February 20, 2015 and are settled by delivery of a corresponding number of the Issuer's shares upon vesting.

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