Shari Redstone - 31 Jan 2022 Form 4 Insider Report for ViacomCBS Inc. (PARA)

Role
Director
Signature
/s/ Christa A. D'Alimonte, Attorney-in-Fact for Shari Redstone
Issuer symbol
PARA
Transactions as of
31 Jan 2022
Net transactions value
$0
Form type
4
Filing time
02 Feb 2022, 16:36:25 UTC
Previous filing
04 Jan 2022
Next filing
17 Feb 2022
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 Award $0 +593 +0.29% $0.000000 204,739 31 Jan 2022 Direct F1, F2
transaction PARAA Class B common stock Award $0 +193 +0.09% $0.000000 204,932 01 Feb 2022 Direct F3
holding PARAA Class B common stock 27,525 31 Jan 2022 By GRAT
holding PARAA Class B common stock 79,534 31 Jan 2022 By GRAT 2 F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's Class B common stock to which the Reporting Person became entitled with respect to dividend equivalents accrued on previously vested restricted share units and that were reinvested in Class B common stock on January 31, 2022, but which have not been received because the director elected to defer receipt. On January 31, 2022, the closing price of the Class B common stock on The NASDAQ Global Select Market was $33.45 per share.
F2 Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
F3 Represents shares of the Issuer's Class B common stock to which the Reporting Person became entitled with respect to dividend equivalents accrued on previously vested restricted share units and that were reinvested in Class B common stock on February 1, 2022, but which have not been received because the director elected to defer receipt. On February 1, 2022, the closing price of the Class B common stock on The NASDAQ Global Select Market was $33.70 per share.
F4 Reflects that the reporting person previously contributed 85,450 shares to a grantor retained annuity trust ('GRAT') of which the reporting person is trustee and sole annuitant. Since that contribution, the reporting person has received 5,916 shares from the GRAT as an annuity payment and now reports "direct" beneficial ownership of those shares.