Katherine Gill - Nov 30, 2021 Form 4 Insider Report for ViacomCBS Inc. (PARAA)

Role
EVP, Controller & CAO
Signature
/s/ Christa A. D'Alimonte, Attorney-in-Fact for Katherine Gill-Charest
Stock symbol
PARAA
Transactions as of
Nov 30, 2021
Transactions value $
-$41,937
Form type
4
Date filed
12/2/2021, 04:11 PM
Previous filing
Nov 3, 2021
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PARAA Class B common stock Options Exercise $0 +2.39K +15.48% $0.00 17.8K Nov 30, 2021 Direct F1
transaction PARAA Class B common stock Options Exercise $0 +1.16K +6.5% $0.00 19K Nov 30, 2021 Direct F2
transaction PARAA Class B common stock Tax liability -$41.9K -1.36K -7.13% $30.95 17.6K Nov 30, 2021 Direct F3
holding PARAA Class B common stock 374 Nov 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 -1.16K -49.98% $0.00 1.16K Nov 30, 2021 Class B common stock 1.16K Direct F2, F4
transaction PARAA Restricted Share Units Options Exercise $0 -2.39K -25.01% $0.00 7.17K Nov 30, 2021 Class B common stock 2.39K Direct F1, F4
* 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 30, 2021, upon vesting of the first of four equal annual installments of the Restricted Share Units ("RSUs") identified in Table II, which were initially granted on November 30, 2020. On November 30, 2021, the closing price of the Class B common stock on The NASDAQ Global Select Market was $30.95 per share.
F2 The shares identified in Table I were issued on November 30, 2021, upon vesting of the third of four equal annual installments of the RSUs identified in Table II, which were initially granted on November 30, 2018. On November 30, 2021, the closing price of the Class B common stock on The NASDAQ Global Select Market was $30.95 per share.
F3 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.
F4 Granted under ViacomCBS's long-term incentive plan for no consideration.