CHEEKS GEORGE 4

Accession 0001225208-24-011031

CIK 0000813828other

View on SEC.gov Company Profile

Filed

Dec 26, 7:00 PM ET

Accepted

Dec 27, 5:09 PM ET

Size

23.2 KB

Accession

0001225208-24-011031

Insider Transaction Report

Form 4

Period: 2024-12-24

Paramount GlobalPARAA,PARA

CHEEKS GEORGE

Office of the CEO

Transactions

Exercise/Conversion
Class B common stock
2024-12-24+262,732→ 641,282 total
Award
Class B common stock
2024-12-24+206,676→ 847,958 total
Exercise/Conversion
Class B common stock
2024-12-24+84,562→ 932,520 total
Exercise/Conversion
Class B common stock
2024-12-24+45,335→ 977,855 total
Exercise/Conversion
Restricted Share Units
2024-12-24−45,335→ 0 total
From: 2023-03-01→ Class B common stock (45,335 underlying)
Exercise/Conversion
Restricted Share Units
2024-12-24−262,732→ 0 total
From: 2025-03-01→ Class B common stock (262,732 underlying)
Exercise/Conversion
Restricted Share Units
2024-12-24−285,714→ 0 total
From: 2025-10-08→ Class B common stock (285,714 underlying)
Exercise/Conversion
Class B common stock
2024-12-24+285,714→ 378,550 total
Tax Payment
Class B common stock
2024-12-24$10.42/sh−489,418$5,099,736→ 488,437 total
Exercise/Conversion
Restricted Share Units
2024-12-24−84,562→ 0 total
From: 2024-03-01→ Class B common stock (84,562 underlying)

Footnotes (8)

[F1]Reflects accelerated vesting of Restricted Share Units ("RSUs"), which were otherwise scheduled to vest in 2025, 2026 and 2027, 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 (the "280G Impact").
[F2]The shares identified in Table I were issued on December 24, 2024, upon the vesting of the RSUs identified in Table II, which were initially granted on October 8, 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]The shares identified in Table I were issued on December 24, 2024, upon the vesting 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.
[F4]Acquired upon accelerated vesting of Performance Share Units ("PSUs") with performance periods ending in calendar years 2026 and 2027 to mitigate the 280G Impact. 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 the vesting 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.
[F6]The shares identified in Table I were issued on December 24, 2024, upon the vesting 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.
[F7]These shares were withheld by the Issuer to satisfy tax liability incident to the vesting of, and delivery of shares underlying, the RSUs and the PSUs, and were not actually sold or otherwise disposed of in an open-market transaction.
[F8]Granted under the Issuer's long-term incentive plan for no consideration.

Documents

1 file

4
doc4.xmlPrimary

Issuer

Paramount Global

CIK 0000813828

→

Entity typeother

Related Parties

filerCIK 0001852938

Filing Metadata

Form type: 4
Filed: Dec 26, 7:00 PM ET
Accepted: Dec 27, 5:09 PM ET
Size: 23.2 KB

View on SEC.gov