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

Role
Director
Signature
/s/ Christa A. D'Alimonte, Attorney-in-Fact for Barbara M. Byrne
Stock symbol
PARAA
Transactions as of
Feb 15, 2022
Transactions value $
$0
Form type
4
Date filed
2/17/2022, 04:30 PM
Previous filing
Jul 30, 2021
Next filing
Aug 10, 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 +3.43K +17.33% $0.00 23.2K Feb 15, 2022 Direct F1, F2
transaction PARAA Class B common stock Award $0 +92 +0.4% $0.00 23.3K Feb 15, 2022 Direct F3
holding PARAA Class B common stock 1.38K Feb 15, 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 -3.43K -100% $0.00* 0 Feb 15, 2022 Class B common stock 3.43K Direct F1, F4
transaction PARAA Restricted Share Units Award $0 +5.56K $0.00 5.56K Feb 15, 2022 Class B common stock 5.56K 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.