UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Warrant | Â (2) | 01/03/2014 | Common Stock | 2,500,000 | $ 2 | I | Indirect (1) |
Warrant No. 2 | Â (2) | 01/03/2010 | Common Stock | 1,666,667 | $ 2 | I | Indirect (1) |
Warrant No. 3 | Â (3) | 01/03/2012 | Common Stock | 2,500,000 | $ 2 | I | Indirect (1) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
CBS CORP 51 WEST 52ND STREET NEW YORK, NY 10019 |
 |  X |  |  |
Showtime Networks Inc. C/O CBS CORPORATION 51 WEST 52ND STREET NEW YORK, NY 10019 |
 |  X |  |  |
CBS Operations Inc. C/O CBS CORPORATION 51 WEST 52ND STREET NEW YORK, NY 10019 |
 |  X |  |  |
NAIRI INC 200 ELM STREET DEDHAM, MA 02026 |
 |  X |  |  |
NATIONAL AMUSEMENTS INC /MD/ 200 ELM STREET DEDHAM, MA 02026 |
 |  X |  |  |
REDSTONE SUMNER M C/O CBS CORPORATION 51 WEST 52ND STREET NEW YORK, NY 10019 |
 |  X |  |  |
By: Angeline C. Straka, SVP and Secretary | 05/14/2007 | |
**Signature of Reporting Person | Date | |
By: Angeline C. Straka, SVP and Secretary | 05/14/2007 | |
**Signature of Reporting Person | Date | |
By: Angeline C. Straka, SVP and Secretary | 05/14/2007 | |
**Signature of Reporting Person | Date | |
By: Sumner M. Redstone, Chairman & President | 05/14/2007 | |
**Signature of Reporting Person | Date | |
By: Sumner M. Redstone, Chairman & CEO | 05/14/2007 | |
**Signature of Reporting Person | Date | |
/s/ Redstone, Sumner M. | 05/14/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The Common Stock and the Warrants are held by Showtime Networks Inc. (SNI), a wholly-owned subsidiary of CBS Operations Inc., which in turn is a wholly-owned subsidiary of CBS Corporation, amd may also be deemed to be beneficially owned by (a) NAIRI, Inc. (NAIRI), which owns approximately 76% of CBS Corporation's voting stock, (b) NAIRI's parent corporation, National Amusements, Inc. ("NAI"), and (c) Sumner M. Redstone, who is the controlling stockholder of NAI. |
(2) | Current |
(3) | This Warrant is exercisable the earlier of (a) November 8, 2009 and (b) the termination, under certain circumstances, of a certain agreement between the Issuer and SNI. |