Charles E. Phillips Jr - Apr 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: Apr 1, 2024
Transactions value $: $558
Form type: 4
Date filed: 4/3/2024, 04:38 PM
Previous filing: Apr 2, 2024
Next filing: Apr 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PARAA,PARA	Class B common stock	Award	$0	+458	+0.5%	$0.00	91.6K	Apr 1, 2024	Direct	F1

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	Phantom Class A Common Stock Units	Award	$276	+13	+0.26%	$21.22	5.05K	Apr 1, 2024	Class A common stock	13		Direct	F2
transaction	PARAA,PARA	Phantom Class B Common Stock Units	Award	$282	+24	+0.41%	$11.75	5.86K	Apr 1, 2024	Class B common stock	24		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the regular quarterly crediting of vested Restricted Share Units with a fair market value equal to the amount of cash dividends in such quarter attributable to previously vested Restricted Share Units, the settlement of which the Reporting Person elected to defer pursuant to the Issuer's deferred compensation arrangement for directors. On April 1, 2024, the closing price of the Issuer's Class B Common Stock on The NASDAQ Global Select Market was $11.75 per share.
F2	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 price of the Issuer's Class A Common Stock and Class B Common Stock, as applicable, on the day of the deemed investment, or, if that day is not a business day, on the last preceding business day. The cash value of the Phantom Common Stock Units is paid out after the Reporting Person's retirement from the Board.

Content

Represents the regular quarterly crediting of vested Restricted Share Units with a fair market value equal to the amount of cash dividends in such quarter attributable to previously vested Restricted Share Units, the settlement of which the Reporting Person elected to defer pursuant to the Issuer's deferred compensation arrangement for directors. On April 1, 2024, the closing price of the Issuer's Class B Common Stock on The NASDAQ Global Select Market was $11.75 per share.

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 price of the Issuer's Class A Common Stock and Class B Common Stock, as applicable, on the day of the deemed investment, or, if that day is not a business day, on the last preceding business day. The cash value of the Phantom Common Stock Units is paid out after the Reporting Person's retirement from the Board.