CBS » Topics » Stock Options:

These excerpts taken from the CBS 10-K filed Feb 25, 2009.

Stock Options:

 

·                  an initial grant of 12,734 stock options to purchase shares of the Company’s Class B common stock on the date the director first joins the Board or becomes an Outside Director, which options vest one year from the date of grant; and

 

·                  an annual grant of 5,093 stock options to purchase shares of the Company’s Class B common stock on January 31st of each year, which options vest in three equal annual installments, on the first, second and third anniversaries of the date of grant.

 

The exercise price of the stock options is the closing price of the Company’s Class B common stock on the New York Stock Exchange (“NYSE”) on the date of grant.

 

Stock Options:



 



·                  an
initial grant of 12,734 stock options to purchase shares of the Company’s Class B
common stock on the date the director first joins the Board or becomes an
Outside Director, which options vest one year from the date of grant; and



 



·                  an
annual grant of 5,093 stock options to purchase shares of the Company’s Class B
common stock on January 31st of each year, which options vest in three
equal annual installments, on the first, second and third anniversaries of the
date of grant.



 



The exercise price of the stock options is
the closing price of the Company’s Class B common stock on the New York
Stock Exchange (“NYSE”) on the date of grant.



 



These excerpts taken from the CBS 10-K filed Feb 28, 2008.

Stock Options:

 

·                  an initial grant of 12,734 stock options to purchase shares of the Company’s Class B common stock on the date the director first joins the Board or becomes an Outside Director, which options vest one year from the date of grant; and

 

·                  an annual grant of 5,093 stock options to purchase shares of the Company’s Class B common stock on January 31st of each year, which options vest in three equal annual installments, on the first, second and third anniversaries of the date of grant.

 

The exercise price of the stock options is the closing price of the Company’s Class B common stock on the New York Stock Exchange (“NYSE”) on the date of grant.

 

Stock Options:



 



·                  an initial grant of 12,734
stock options to purchase shares of the Company’s Class B common stock on
the date the director first joins the Board or becomes an Outside Director,
which options vest one year from the date of grant; and



 



·                  an annual grant of 5,093
stock options to purchase shares of the Company’s Class B common stock on January 31st
of each year, which options vest in three equal annual installments, on the
first, second and third anniversaries of the date of grant.



 



The exercise price of the stock options is the
closing price of the Company’s Class B common stock on the New York Stock
Exchange (“NYSE”) on the date of grant.



 



This excerpt taken from the CBS 10-Q filed Aug 2, 2007.

Stock Options:

an initial grant of 12,734 stock options to purchase shares of the Company's Class B common stock on the date the director first joins the Board or becomes an Outside Director, which options vest one year from the date of grant; and

an annual grant of 5,093 stock options to purchase shares of the Company's Class B common stock on January 31st of each year, which options vest in three equal annual installments, on the first, second and third anniversaries of the date of grant.

    The exercise price of the stock options is the closing price of the Company's Class B common stock on the New York Stock Exchange ("NYSE") on the date of grant.

This excerpt taken from the CBS DEF 14A filed Apr 14, 2006.

Stock Options

              Outside Directors receive the following awards under the Director Option Plan:

      an initial grant of 12,734 (10,000 prior to adjustments made in connection with the Separation, which we refer to as the "Separation Adjustment") stock options to purchase shares of CBS Corporation Class B Common Stock on the date the director joins the

12


        Board as, or otherwise becomes, an Outside Director, which options will vest one year from the date of grant; and

      an annual grant of 5,093 (4,000 prior to the Separation Adjustment) stock options to purchase shares of CBS Corporation Class B Common Stock on January 31st of each year, which options will vest in three equal annual installments, on the first, second and third anniversaries of the date of grant.

The exercise price for the stock option grants made under the plan is the closing price of CBS Corporation Class B Common Stock on the NYSE on the date of grant, or if such day is not a business day, the next preceding business day.

This excerpt taken from the CBS 10-K filed Mar 16, 2006.

Stock Options:

an initial grant of 12,734 stock options (10,000 stock options prior to adjustments made in connection with the Separation1) to purchase shares of the Company's Class B common stock on the date the director first joins the Board or becomes an Outside Director, which options vest one year from the date of grant; and

an annual grant of 5,093 stock options (4,000 stock options prior to adjustments made in connection with the Separation) to purchase shares of the Company's Class B common stock on January 31st of each year, which options vest in three equal annual installments, on the first, second and third anniversaries of the date of grant.

    The exercise price of the stock options is the closing price of the Company's Class B common stock on the New York Stock Exchange ("NYSE") on the date of grant.

This excerpt taken from the CBS 10-Q filed Aug 5, 2005.

Stock Options:

an initial grant of 10,000 stock options to purchase shares of Class B common stock on the date the director first joins the Board or becomes an outside director, which options vest one year from the date of grant; and

an annual grant of 4,000 stock options to purchase shares of Class B common stock on January 31 of each year, which options vest in equal installments over a period of three years.

    The exercise price of the stock options is the closing price of Viacom's Class B common stock on the New York Stock Exchange (NYSE) on the date of grant.

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