Phelps Julia 4
4 · Paramount Global · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Paramount GlobalPARAA,PARA
Phelps Julia
EVP, Chief Comms & Corp Mktg
Transactions
- Exercise/Conversion
Class B common stock
2024-03-01+7,517→ 39,446 total - Exercise/Conversion
Class B common stock
2024-03-01+4,030→ 43,476 total - Tax Payment
Class B common stock
2024-03-01$10.95/sh−4,714$51,618→ 38,762 total - Exercise/Conversion
Restricted Share Units
2024-03-01−4,030→ 8,059 totalFrom: 2023-03-01→ Class B common stock (4,030 underlying) - Exercise/Conversion
Restricted Share Units
2024-03-01−7,517→ 15,033 totalFrom: 2024-03-01→ Class B common stock (7,517 underlying) - Award
Restricted Share Units
2024-03-01+42,037→ 42,037 totalFrom: 2025-03-01→ Class B common stock (42,037 underlying)
Holdings
- 170(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.