Judith Mchale - Jan 1, 2023 Form 4 Insider Report for Paramount Global (PARAA)

Role
Director
Signature
/s/ Christa A. D'Alimonte, Attorney-in-Fact for Judith McHale
Stock symbol
PARAA
Transactions as of
Jan 1, 2023
Transactions value $
$1,488
Form type
4
Date filed
1/4/2023, 04:01 PM
Previous filing
Jan 3, 2023
Next filing
Feb 17, 2023

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 Phantom Class A Common Stock Units Award $745 +38 +1.33% $19.61 2.9K Jan 1, 2023 Class A common stock 38 Direct F1
transaction PARAA Phantom Class B Common Stock Units Award $743 +44 +1.33% $16.88 3.34K Jan 1, 2023 Class B common stock 44 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents cash dividends credited during the previous quarter on Phantom Class A Common Stock Units and Phantom Class B Common Stock Units resulting from cash fees previously deferred by the Reporting Person pursuant to the Issuer's deferred compensation arrangement for directors. The dividends are deemed invested at the beginning of each calendar quarter into Phantom Class A Common Stock Units and Phantom Class B Common Stock Units based on the closing market price of the Issuer's Class A Common Stock and Class B Common Stock, as applicable, on the day of the deemed investment. The cash value of the Phantom Common Stock Units is paid out after the Reporting Person's retirement from the Board.