Richard M. Jones - 01 Nov 2021 Form 4 Insider Report for ViacomCBS Inc. (PARA)

Role: EVP, General Tax Counsel
Signature: /s/ Christa A. D'Alimonte, Attorney-in-Fact for Richard M. Jones
Issuer symbol: PARA
Transactions as of: 01 Nov 2021
Net transactions value: -$101,022
Form type: 4
Filing time: 03 Nov 2021, 17:27:51 UTC
Next filing: 02 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PARAA	Class B common stock	Options Exercise	$0	+5,103		$0.000000	5,103	01 Nov 2021	Direct	F1
transaction	PARAA	Class B common stock	Tax liability	$101,022	-2,712	-53%	$37.25	2,391	01 Nov 2021	Direct	F2

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	-5,103	-33%	$0.000000	10,207	01 Nov 2021	Class B common stock	5,103		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 November 1, 2021, upon vesting of the second of four equal annual installments of the Restricted Share Units ("RSUs") identified in Table II, which were initially granted on November 1, 2019. On November 1, 2021, the closing price of the Class B common stock on The NASDAQ Global Select Market was $37.25 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.