DeDe Lea - May 18, 2021 Form 4 Insider Report for ViacomCBS Inc. (PARAA)

Role
EVP, Pub Pol'y & Gov Relations
Signature
/s/ Christa A. D'Alimonte, Attorney-in-Fact for DeDe Lea
Stock symbol
PARAA
Transactions as of
May 18, 2021
Transactions value $
-$35,742
Form type
4
Date filed
5/20/2021, 06:11 PM
Next filing
Oct 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PARAA Class B common stock Options Exercise $0 +1.84K +6.14% $0.00 31.9K May 18, 2021 Direct F1
transaction PARAA Class B common stock Tax liability -$35.7K -890 -2.79% $40.16 31K May 18, 2021 Direct F2
holding PARAA Class B common stock 751 May 18, 2021 By 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PARAA Restricted Share Units Options Exercise $0 -1.84K -100% $0.00* 0 May 18, 2021 Class B common stock 1.84K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares identified in Table I were issued on May 18, 2021, upon vesting of the last of four equal annual installments of the Restricted Share Units ("RSUs") identified in Table II, which were initially granted on May 18, 2017. On May 18, 2021, the closing price of the Class B common stock on The NASDAQ Global Select Market was $40.16 per share.
F2 These shares were withheld by ViacomCBS to satisfy tax liability incident to the vesting of, and delivery of shares underlying, the RSUs, and were not actually sold or otherwise disposed of in an open-market transaction.
F3 Granted under ViacomCBS's long-term incentive plan for no consideration.