CHOPRA NAVEEN K. 4
4 · Paramount Global · Filed Dec 27, 2024
Insider Transaction Report
Form 4
Paramount GlobalPARAA,PARA
CHOPRA NAVEEN K.
EVP, Chief Financial Officer
Transactions
- Exercise/Conversion
Class B common stock
2024-12-24+15,112→ 322,494 total - Exercise/Conversion
Class B common stock
2024-12-24+38,993→ 307,382 total - Exercise/Conversion
Class B common stock
2024-12-24+72,689→ 268,389 total - Exercise/Conversion
Restricted Share Units
2024-12-24−15,112→ 15,111 totalFrom: 2023-03-01→ Class B common stock (15,112 underlying) - Exercise/Conversion
Restricted Share Units
2024-12-24−72,689→ 145,379 totalFrom: 2025-03-01→ Class B common stock (72,689 underlying) - Tax Payment
Class B common stock
2024-12-24$10.42/sh−64,729$674,476→ 257,765 total - Exercise/Conversion
Restricted Share Units
2024-12-24−38,993→ 38,992 totalFrom: 2024-03-01→ Class B common stock (38,993 underlying)
Footnotes (7)
- [F1]Reflects accelerated vesting of Restricted Share Units ("RSUs"), which were otherwise scheduled to vest in 2025, to mitigate the potential impact to the Issuer and the Reporting Person of Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended, in connection with the pending transactions among the Issuer, Skydance Media, LLC and other parties.
- [F2]The shares identified in Table I were issued on December 24, 2024, upon vesting of the first of three installments of the RSUs identified in Table II, which were initially granted on March 1, 2024. On December 24, 2024, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.42 per share.
- [F3]Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11.
- [F4]The shares identified in Table I were issued on December 24, 2024, upon the vesting of the second of three installments of the RSUs identified in Table II, which were initially granted on March 1, 2023. On December 24, 2024, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.42 per share.
- [F5]The shares identified in Table I were issued on December 24, 2024, upon vesting of the third of four installments of the RSUs identified in Table II, which were initially granted on March 1, 2022. On December 24, 2024, the closing price of the Class B common stock on The NASDAQ Global Select Market was $10.42 per share.
- [F6]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.
- [F7]Granted under the Issuer's long-term incentive plan for no consideration.