Shari Redstone - May 8, 2024 Form 4 Insider Report for Paramount Global (PARAA,PARA)

Role
Director
Signature
/s/ Christa A. D'Alimonte, Attorney-in-Fact for Shari Redstone
Stock symbol
PARAA,PARA
Transactions as of
May 8, 2024
Transactions value $
$0
Form type
4
Date filed
5/10/2024, 04:34 PM
Previous filing
Apr 3, 2024
Next filing
Jun 6, 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 +9.26K +1.7% $0.00 553K May 8, 2024 Direct F1, F2
transaction PARAA,PARA Class B common stock Award $0 +145 +0.03% $0.00 553K May 8, 2024 Direct F3
holding PARAA,PARA Class B common stock 63.1K May 8, 2024 By GRAT 4

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 -9.26K -100% $0.00* 0 May 8, 2024 Class B common stock 9.26K 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 May 8, 2023 and that vested on May 8, 2024, but which have not been received because the director elected to defer receipt. On May 8, 2024, the closing price of the Class B common stock on The NASDAQ Global Select Market was $12.82 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 May 8, 2024, but which have not been received because the director elected to defer receipt. On May 8, 2024, the closing price of the Class B common stock on The NASDAQ Global Select Market was $12.82 per share.
F4 Granted under the Issuer's equity plan for outside directors for no consideration.