CHOPRA NAVEEN K. 4

Accession 0001225208-24-011029

CIK 0000813828other

View on SEC.gov Company Profile

Filed

Dec 26, 7:00 PM ET

Accepted

Dec 27, 5:08 PM ET

Size

17.7 KB

Accession

0001225208-24-011029

Insider Transaction Report

Form 4

Period: 2024-12-24

Paramount GlobalPARAA,PARA

CHOPRA NAVEEN K.

EVP, Chief Financial Officer

Transactions

Exercise/Conversion
Class B common stock
2024-12-24+15,112→ 322,494 total
Exercise/Conversion
Class B common stock
2024-12-24+38,993→ 307,382 total
Exercise/Conversion
Class B common stock
2024-12-24+72,689→ 268,389 total
Exercise/Conversion
Restricted Share Units
2024-12-24−15,112→ 15,111 total
From: 2023-03-01→ Class B common stock (15,112 underlying)
Exercise/Conversion
Restricted Share Units
2024-12-24−72,689→ 145,379 total
From: 2025-03-01→ Class B common stock (72,689 underlying)
Tax Payment
Class B common stock
2024-12-24$10.42/sh−64,729$674,476→ 257,765 total
Exercise/Conversion
Restricted Share Units
2024-12-24−38,993→ 38,992 total
From: 2024-03-01→ Class B common stock (38,993 underlying)

Footnotes (7)

[F1]Reflects accelerated vesting of Restricted Share Units ("RSUs"), which were otherwise scheduled to vest in 2025, to mitigate the potential impact to the Issuer and the Reporting Person of Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended, in connection with the pending transactions among the Issuer, Skydance Media, LLC and other parties.
[F2]The shares identified in Table I were issued on December 24, 2024, upon vesting of the first of three installments of the RSUs identified in Table II, which were initially granted on March 1, 2024. On December 24, 2024, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.42 per share.
[F3]Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
[F4]The shares identified in Table I were issued on December 24, 2024, upon the vesting of the second of three installments of the RSUs identified in Table II, which were initially granted on March 1, 2023. On December 24, 2024, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.42 per share.
[F5]The shares identified in Table I were issued on December 24, 2024, upon vesting of the third of four installments of the RSUs identified in Table II, which were initially granted on March 1, 2022. On December 24, 2024, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.42 per share.
[F6]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.
[F7]Granted under the Issuer's long-term incentive plan for no consideration.

Documents

1 file

4
doc4.xmlPrimary

Issuer

Paramount Global

CIK 0000813828

→

Entity typeother

Related Parties

filerCIK 0001565390

Filing Metadata

Form type: 4
Filed: Dec 26, 7:00 PM ET
Accepted: Dec 27, 5:08 PM ET
Size: 17.7 KB

View on SEC.gov