Bakish Robert M 4
4 · Paramount Global · Filed Dec 6, 2023
Insider Transaction Report
Form 4
Paramount GlobalPARAA,PARA
Bakish Robert M
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Restricted Share Units
2023-12-04−30,592→ 0 totalFrom: 2020-12-04→ Class B common stock (30,592 underlying) - Tax Payment
Class B common stock
2023-12-04$15.95/sh−15,618$249,107→ 807,831 total - Exercise/Conversion
Class B common stock
2023-12-04+30,592→ 823,449 total
Holdings
- 36(indirect: By Daughter)
Class B common stock
- 131(indirect: By Daughter)
Class B common stock
- 3,092(indirect: By 401(k))
Class B common stock
Footnotes (3)
- [F1]The shares identified in Table I were issued on December 4, 2023, 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 December 5, 2019, pursuant to the terms of Mr. Bakish's employment agreement, dated as of August 13, 2019. On December 4, 2023, the closing price of the Class B common stock on The NASDAQ Global Select Market was $15.95 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-markettransaction.
- [F3]Granted under the Issuer's long-term incentive plan for no consideration.