Julia Phelps - Sep 30, 2021 Form 4 Insider Report for ViacomCBS Inc. (PARAA)

Role: EVP, Chief Comms & Corp Mktg
Signature: /s/ Christa A. D'Alimonte, Attorney-in-Fact for Julia Phelps
Stock symbol: PARAA
Transactions as of: Sep 30, 2021
Transactions value $: -$65,192
Form type: 4
Date filed: 10/4/2021, 06:21 PM
Previous filing: May 20, 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	+724	+6.46%	$0.00	11.9K	Sep 30, 2021	Direct	F1, F2
transaction	PARAA	Class B common stock	Tax liability	-$65.2K	-1.65K	-13.83%	$39.51	10.3K	Sep 30, 2021	Direct	F3
holding	PARAA	Class B common stock						157	Sep 30, 2021	By 401(k)

Showing 1 to 3 of 3 entries

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	-724	-100%	$0.00^*	0	Sep 30, 2021	Class B common stock	724		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	Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
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 3,893; it is adjusted here to reflect that 3,169 of the 3,893 shares were already included on Table 1, as permissible.