DeDe Lea - 30 Nov 2021 Form 4 Insider Report for ViacomCBS Inc. (PARA)

Reporting relationship: EVP, Pub Pol'y & Gov Relations
Issuer ticker: PARA
Reported as of: 30 Nov 2021
Net transaction value: -$77,313
SEC form: 4
Accepted by SEC: 02 Dec 2021, 16:11:46 UTC
Prior SEC filing: 03 Nov 2021
Next SEC filing: 02 Feb 2022
Source filing: View source filing
Reporting owner signature: /s/ Christa A. D'Alimonte, Attorney-in-Fact for DeDe Lea

Key filing fact

DeDe Lea filed Form 4 for ViacomCBS Inc. (PARA) on 02 Dec 2021.

Key facts

This page summarizes DeDe Lea's Form 4 filing for ViacomCBS Inc. (PARA).
5 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 02 Dec 2021, 16:11.

Change

Previous filing in this sequence was filed on 03 Nov 2021.
Current net transaction value: -$77,313.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PARAA transaction

Class B common stock

Options Exercise

Transaction value: $0
Shares: +3,986
Change %: +12%
Price: $0.000000
Shares after: 36,622
Date: 30 Nov 2021
Ownership: Direct
Footnotes: F1

PARAA transaction

Class B common stock

Options Exercise

Transaction value: $0
Shares: +1,184
Change %: +3.2%
Price: $0.000000
Shares after: 37,806
Date: 30 Nov 2021
Ownership: Direct
Footnotes: F2

PARAA transaction

Class B common stock

Tax liability

Transaction value: $77,313
Shares: -2,498
Change %: -6.6%
Price: $30.95
Shares after: 35,308
Date: 30 Nov 2021
Ownership: Direct
Footnotes: F3

PARAA holding

Class B common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 755
Date: 30 Nov 2021
Ownership: By 401(k)

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PARAA transaction Derivative

Restricted Share Units

Options Exercise

Transaction value: $0
Shares: -1,184
Change %: -50%
Price: $0.000000
Shares after: 1,183
Date: 30 Nov 2021
Ownership: Direct
Underlying class: Class B common stock
Underlying amount: 1,184
Exercise price
Footnotes: F2, F4

PARAA transaction Derivative

Restricted Share Units

Options Exercise

Transaction value: $0
Shares: -3,986
Change %: -25%
Price: $0.000000
Shares after: 11,958
Date: 30 Nov 2021
Ownership: Direct
Underlying class: Class B common stock
Underlying amount: 3,986
Exercise price
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F4

Granted under ViacomCBS's long-term incentive plan for no consideration.