Barbara M. Byrne - Feb 15, 2023 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, 2023
Transactions value $
$0
Form type
4
Date filed
2/17/2023, 03:52 PM
Previous filing
Feb 10, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PARAA Class B common stock Options Exercise $0 +5.56K +23.21% $0.00 29.5K Feb 15, 2023 Direct F1, F2
transaction PARAA Class B common stock Award $0 +218 +0.74% $0.00 29.7K Feb 15, 2023 Direct F3
holding PARAA Class B common stock 1.38K Feb 15, 2023 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 -5.56K -100% $0.00* 0 Feb 15, 2023 Class B common stock 5.56K Direct F1, F4
* 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 represent shares of the Issuer's Class B common stock to which the Reporting Person became entitled, upon vesting of Restricted Share Units ("RSUs") identified in Table II, which were granted on February 15, 2022 and that vested on February 15, 2023, but which have not been received because the director elected to defer receipt. On February 15, 2023, the closing price of the Class B common stock on The NASDAQ Global Select Market was $24.54 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 that accrued on RSUs prior to vesting which were reinvested in Class B common stock on February 15, 2023, but which have not been received because the director elected to defer receipt. On February 15, 2023, the closing price of the Class B common stock on The NASDAQ Global Select Market was $24.54 per share.
F4 Granted under the Issuer's equity plan for outside directors for no consideration.