Frederick Terrell - Apr 1, 2024 Form 4 Insider Report for Paramount Global (PARAA,PARA)

Role
Director
Signature
/s/ Christa A. D'Alimonte, Attorney-in-Fact for Frederick O. Terrell
Stock symbol
PARAA,PARA
Transactions as of
Apr 1, 2024
Transactions value $
$603
Form type
4
Date filed
4/3/2024, 04:40 PM
Previous filing
Mar 5, 2024
Next filing
May 10, 2024

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 $297 +14 +0.24% $21.22 5.76K Apr 1, 2024 Class A common stock 14 Direct F1
transaction PARAA,PARA Phantom Class B Common Stock Units Award $306 +26 +0.41% $11.75 6.36K Apr 1, 2024 Class B common stock 26 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 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.