Robert N. Klieger - Jul 1, 2021 Form 4 Insider Report for ViacomCBS Inc. (PARAA)

Role
Director
Signature
/s/ Christa A. D'Alimonte, Attorney-in-Fact for Robert N. Klieger
Stock symbol
PARAA
Transactions as of
Jul 1, 2021
Transactions value $
$27,308
Form type
4
Date filed
7/6/2021, 05:46 PM
Next filing
Oct 5, 2021

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 Phantom Class A Common Stock Units Award $13.6K +283 +5.77% $48.21 5.18K Jul 1, 2021 Class A common stock 283 Direct F1
transaction PARAA Phantom Class B Common Stock Units Award $13.7K +304 +5.75% $44.95 5.59K Jul 1, 2021 Class B common stock 304 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting Person has elected to defer payment of Board/Committee fees, as applicable, pursuant to the Issuer's deferred compensation arrangement for directors. Deferred amounts (as well as any cash dividends credited to the account during the previous quarter) are deemed invested at the beginning of each calendar quarter into Phantom Class A Common Stock Units and Phantom Class B Common Stock Units based on the closing market price of the Issuer's Class A Common Stock and Class B Common Stock, as applicable, on the day of the deemed investment. The cash value of the Phantom Common Stock Units is paid out after the Reporting Person's retirement from the Board.