Barbara M. Byrne - 15 Feb 2022 Form 4 Insider Report for Paramount Global (PARA)

Role: Director
Signature: /s/ Christa A. D'Alimonte, Attorney-in-Fact for Barbara M. Byrne
Issuer symbol: PARA
Transactions as of: 15 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Feb 2022, 16:30:24 UTC
Previous filing: 30 Jul 2021
Next filing: 10 Aug 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	Options Exercise	$0	+3,430	+17%	$0.000000	23,218	15 Feb 2022	Direct	F1, F2
transaction	PARAA	Class B common stock	Award	$0	+92	+0.4%	$0.000000	23,310	15 Feb 2022	Direct	F3
holding	PARAA	Class B common stock						1,384	15 Feb 2022	By children of the Reporting Person.

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	-3,430	-100%	$0.000000^*	0	15 Feb 2022	Class B common stock	3,430		Direct	F1, F4
transaction	PARAA	Restricted Share Units	Award	$0	+5,558		$0.000000	5,558	15 Feb 2022	Class B common stock	5,558		Direct	F4, F5

* 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 February 15, 2022, upon vesting of the Restricted Share Units ("RSUs") identified in Table II, which were granted on February 15, 2021. On February 15, 2022, the closing price of the Class B common stock on The NASDAQ Global Select Market was $35.99 per share.
F2	Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
F3	These shares were issued in respect of dividend equivalents that accrued on the RSUs prior to vesting and that were reinvested in Class B common stock upon vesting. On February 15, 2022, the closing price of the Class B common stock on The NASDAQ Global Select Market was $35.99 per share.
F4	Granted under the Issuer's equity plan for outside directors for no consideration.
F5	These RSUs will vest on February 15, 2023, and a corresponding number of Class B shares will be delivered on that date, unless the director has elected to defer receipt.