Brian Robbins - 30 Nov 2024 Form 4 Insider Report for Paramount Global (PARA)

Role
Office of the CEO
Signature
/s/ Caryn K. Groce, Attorney-in-Fact for Brian Robbins
Issuer symbol
PARA
Transactions as of
30 Nov 2024
Net transactions value
-$60,152
Form type
4
Filing time
03 Dec 2024, 16:38:30 UTC
Previous filing
14 Nov 2024
Next filing
27 Dec 2024
SEC
View on sec.gov

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 +10,629 $0.000000 10,629 30 Nov 2024 Direct F1
transaction PARAA,PARA Class B common stock Tax liability $60,152 -5,544 -52% $10.85 5,085 30 Nov 2024 Direct F2
holding PARAA,PARA Class B common stock 182 30 Nov 2024 By Family LLC

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 -10,629 -100% $0.000000 0 30 Nov 2024 Class B common stock 10,629 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 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 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.
F3 Granted under the Issuer's long-term incentive plan for no consideration.