George Cheeks - Nov 30, 2024 Form 4 Insider Report for Paramount Global (PARAA,PARA)

Role
Office of the CEO
Signature
/s/ Caryn K. Groce, Attorney-in-Fact for George Cheeks
Stock symbol
PARAA,PARA
Transactions as of
Nov 30, 2024
Transactions value $
-$143,502
Form type
4
Date filed
12/3/2024, 04:37 PM
Previous filing
Oct 10, 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 +23.9K +29.11% $0.00 106K Nov 30, 2024 Direct F1, F2
transaction PARAA,PARA Class B common stock Tax liability -$144K -13.2K -12.47% $10.85 92.8K Nov 30, 2024 Direct F3

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 -23.9K -100% $0.00 0 Nov 30, 2024 Class B common stock 23.9K 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 were issued on November 30, 2024, upon vesting of the last of four equal annual installments of the Restricted Share Units ("RSUs") identified in Table II, which were initially granted on November 30, 2020. On November 29, 2024, the last business day preceding the date of vesting, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.85 per share.
F2 Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
F3 These shares were withheld by the Issuer to satisfy tax liability incident to the vesting of, and delivery of shares underlying, the RSUs, and were not actually sold or otherwise disposed of in an open-market transaction.
F4 Granted under the Issuer's long-term incentive plan for no consideration.