Shari Redstone - Jan 31, 2023 Form 4 Insider Report for Paramount Global (PARAA)

Role
Director
Signature
/s/ Christa A. D'Alimonte, Attorney-in-Fact for Shari Redstone
Stock symbol
PARAA
Transactions as of
Jan 31, 2023
Transactions value $
$0
Form type
4
Date filed
2/2/2023, 04:04 PM
Previous filing
Jan 4, 2023
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PARAA Class B common stock Award $0 +877 +0.23% $0.00 381K Jan 31, 2023 Direct F1, F2
transaction PARAA Class B common stock Award $0 +274 +0.07% $0.00 381K Feb 1, 2023 Direct F3
holding PARAA Class B common stock 10.5K Jan 31, 2023 By GRAT
holding PARAA Class B common stock 34.4K Jan 31, 2023 By GRAT 3
* 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, 2023, but which have not been received because the director elected to defer receipt. On January 31, 2023, the closing price of the Class B common stock on The NASDAQ Global Select Market was $23.16 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, 2023, but which have not been received because the director elected to defer receipt. On February 1, 2023, the closing price of the Class B common stock on The NASDAQ Global Select Market was $24.40 per share.