4//SEC Filing
REDSTONE SHARI 4
Accession 0000950170-25-106696
CIK 0002041610other
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 5:29 PM ET
Size
20.4 KB
Accession
0000950170-25-106696
Insider Transaction Report
Form 4
REDSTONE SHARI
Director
Transactions
- Award
Class B Common Stock
2025-08-07+653,017→ 653,017 total - Disposition to Issuer
Phantom Class A Common Stock Units
2025-08-07−57,615→ 0 total→ Class A Common Stock (57,615 underlying) - Disposition to Issuer
Phantom Class B Common Stock Units
2025-08-07−72,308→ 0 total→ Class B Common Stock (72,308 underlying) - Disposition to Issuer
Class B Common Stock
2025-08-07−653,017→ 0 total - Exercise/Conversion
Restricted Share Units
2025-08-07−16,340→ 0 total→ Class B Common Stock (16,340 underlying) - Exercise/Conversion
Class B Common Stock
2025-08-07+16,340→ 653,017 total - Award
Phantom Class B Common Stock Units
2025-08-07+88,341→ 88,341 total→ Class B Common Stock (88,341 underlying) - Award
Phantom Class B Common Stock Units
2025-08-07+72,308→ 160,649 total→ Class B Common Stock (72,308 underlying)
Footnotes (7)
- [F1]The shares identified in Table I represent shares of Class B common stock of Paramount Global to which the Reporting Person became entitled, upon vesting of Restricted Share Units ("RSUs") identified in Table II, immediately prior to the closing of the Transactions (as defined below), but which have not been received because the director elected to defer receipt.
- [F2]Includes 212,830 shares of Paramount Global Class B common stock underlying vested RSUs for which the Reporting Person previously elected to defer receipt.
- [F3]On August 7, 2025, the previously announced transactions contemplated by the transaction agreement, dated as of July 7, 2024 ("Transaction Agreement"), by and among: Skydance Media, LLC ("Skydance"), Paramount Global, Paramount Skydance Corporation (f/k/a New Pluto Global, Inc.) ("Paramount Skydance"), and the other parties thereto were completed. Pursuant to the terms of the Transaction Agreement, in a series of transactions, each of Paramount Global and Skydance merged into subsidiaries of Paramount Skydance (the "Transactions").
- [F4]Represents the disposition of shares of Paramount Global common stock and the acquisition of shares of Paramount Skydance common stock (including shares underlying vested RSUs assumed by Paramount Skydance for which the Reporting Person previously elected to defer receipt). Pursuant to the terms of the Transaction Agreement, each share of Paramount Global Class B common stock converted into the right to receive one share of Paramount Skydance Class B common stock, or at the election of the holder of such share, cash in the amount of $15.00 per share, subject to pro ration as set forth in the Transaction Agreement.
- [F5]Represents the number of shares of Paramount Skydance common stock beneficially owned following the transactions described herein.
- [F6]Represents the disposition of Paramount Global Phantom Class A Common Stock Units and the acquisition of Paramount Skydance Phantom Class B Common Stock Units pursuant to the terms of the Transaction Agreement.
- [F7]Represents the disposition of Paramount Global Phantom Class B Common Stock Units and the acquisition of Paramount Skydance Phantom Class B Common Stock Units pursuant to the terms of the Transaction Agreement.
Documents
Issuer
Paramount Skydance Corp
CIK 0002041610
Entity typeother
Related Parties
1- filerCIK 0001204569
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Accepted
- Aug 11, 5:29 PM ET
- Size
- 20.4 KB