Beinecke Candace K 4
4 · Paramount Global · Filed Apr 4, 2023
Insider Transaction Report
Form 4
Paramount GlobalPARAA,PARA
Beinecke Candace K
Director
Transactions
- Award
Phantom Class A Common Stock Units
2023-04-01$25.84/sh+624$16,124→ 10,794 total→ Class A common stock (624 underlying) - Award
Phantom Class B Common Stock Units
2023-04-01$22.31/sh+723$16,130→ 11,858 total→ Class B common stock (723 underlying)
Footnotes (1)
- [F1]Reporting Person has elected to defer payment of Board/Committee fees, as applicable, pursuant to the Issuer's deferred compensation arrangement for directors. Deferred amounts (as well as any cash dividends credited to the account during the previous quarter) are deemed invested at the beginning of each calendar quarter into Phantom Class A Common Stock Units and Phantom Class B Common Stock Units based on the closing market price of the Issuer's Class A Common Stock and Class B Common Stock, as applicable, on the day of the deemed investment, or, if that day is not a business day, on the last preceding business day. The cash value of the Phantom Common Stock Units is paid out after the Reporting Person's retirement from the Board.