Robert M. Bakish - Sep 30, 2021 Form 4 Insider Report for ViacomCBS Inc. (PARAA)

Role
President and CEO, Director
Signature
/s/ Christa A. D'Alimonte, Attorney-in-Fact for Robert M. Bakish
Stock symbol
PARAA
Transactions as of
Sep 30, 2021
Transactions value $
-$2,335,041
Form type
4
Date filed
10/4/2021, 06:20 PM
Previous filing
Aug 26, 2021
Next filing
Nov 3, 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 +20.7K +5.25% $0.00 414K Sep 30, 2021 Direct F1, F2
transaction PARAA Class B common stock Tax liability -$2.34M -59.1K -14.27% $39.51 355K Sep 30, 2021 Direct F3
holding PARAA Class B common stock 110 Sep 30, 2021 By Daughter
holding PARAA Class B common stock 33 Sep 30, 2021 By Daughter
holding PARAA Class B common stock 2.85K Sep 30, 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 -20.7K -100% $0.00* 0 Sep 30, 2021 Class B common stock 20.7K Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were issued on September 30, 2021 upon vesting of restricted share units that were initially granted on November 30, 2018 as performance share units (the "RSUs"). On September 30, 2021, the closing price of the Class B common stock on The NASDAQ Global Select Market was $39.51 per share.
F2 This number includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11 and has been adjusted to reflect corrected total holdings.
F3 These shares were withheld by ViacomCBS to satisfy tax liability incident to the settlement of, and delivery of shares underlying, the RSUs, and were not actually sold or otherwise disposed of in an open-market transaction.
F4 Granted under ViacomCBS's long-term incentive plan for no consideration.
F5 This number was previously shown as a holding of 111,236; it is adjusted here to reflect that 90,568 of the 111,236 shares were already included on Table 1, as permissible.