4//SEC Filing
Bakish Robert M 4
Accession 0001225208-24-003639
CIK 0000813828other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 4:57 PM ET
Size
17.7 KB
Accession
0001225208-24-003639
Insider Transaction Report
Form 4
Paramount GlobalPARAA,PARA
Bakish Robert M
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Class B common stock
2024-03-01+115,640→ 926,272 total - Exercise/Conversion
Class B common stock
2024-03-01+61,997→ 988,269 total - Tax Payment
Class B common stock
2024-03-01$10.95/sh−76,986$842,997→ 911,283 total - Exercise/Conversion
Restricted Share Units
2024-03-01−61,997→ 123,992 totalFrom: 2023-03-01→ Class B common stock (61,997 underlying) - Exercise/Conversion
Restricted Share Units
2024-03-01−115,640→ 231,281 totalFrom: 2024-03-01→ Class B common stock (115,640 underlying) - Award
Restricted Share Units
2024-03-01+646,726→ 646,726 totalFrom: 2025-03-01→ Class B common stock (646,726 underlying)
Holdings
- 131(indirect: By Daughter)
Class B common stock
- 36(indirect: By Daughter)
Class B common stock
- 3,093(indirect: By 401(k))
Class B common stock
Footnotes (6)
- [F1]The shares identified in Table I were issued on March 1, 2024, upon vesting of the first of three equal annual installments of the Restricted Share Units ("RSUs") identified in Table II, which were initially granted on March 1, 2023. On March 1, 2024, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.95 per share.
- [F2]Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
- [F3]The shares identified in Table I were issued on March 1, 2024, upon vesting of the second of four equal annual installments of the RSUs identified in Table II, which were initially granted on March 1, 2022. On March 1, 2024, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.95 per share.
- [F4]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.
- [F5]Granted under the Issuer's long-term incentive plan for no consideration.
- [F6]These RSUs will vest in three equal annual installments beginning on March 1, 2025, and a corresponding number of shares of Class B common stock, net of any shares withheld by the Issuer to satisfy tax liability incident to the vesting of the RSUs, will be delivered on each vest date.
Documents
Issuer
Paramount Global
CIK 0000813828
Entity typeother
Related Parties
1- filerCIK 0001347876
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 4:57 PM ET
- Size
- 17.7 KB