Charles E. Phillips Jr - Mar 1, 2024 Form 4 Insider Report for Paramount Global (PARAA,PARA)

Role
Director
Signature
/s/ Christa A. D'Alimonte, Attorney-in-Fact for Charles E .Phillips, Jr.
Stock symbol
PARAA,PARA
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 04:53 PM
Previous filing
Feb 20, 2024
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PARAA,PARA Class B common stock Options Exercise $0 +2.17K +2.44% $0.00 91.1K Mar 1, 2024 Direct F1
transaction PARAA,PARA Class B common stock Award $0 +78 +0.09% $0.00 91.1K Mar 1, 2024 Direct F2

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,PARA Restricted Share Units Options Exercise $0 -2.17K -100% $0.00* 0 Mar 1, 2024 Class B common stock 2.17K Direct F1, F3
* 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 March 1, 2023 and that vested on March 1, 2024, but which have not been received because the director elected to defer receipt. On March 1, 2024, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.95 per share.
F2 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 March 1, 2024, but which have not been received because the director elected to defer receipt. On March 1, 2024, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.95 per share.
F3 Granted under the Issuer's equity plan for outside directors for no consideration.