4//SEC Filing
NATIONAL AMUSEMENTS INC /MD/ 4
Accession 0001387131-23-007199
CIK 0000813828other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 4:39 PM ET
Size
8.4 KB
Accession
0001387131-23-007199
Insider Transaction Report
Form 4
Paramount GlobalPARA
NATIONAL AMUSEMENTS INC /MD/
Director10% Owner
Transactions
- Sale
Warrant (obligation to sell)
2023-05-31−3,500,000→ 0 total(indirect: By NAI)Exercise: $15.00From: 2028-05-31Exp: 2033-05-31→ Class B common stock (3,500,000 underlying)
Sumner M. Redstone National Amusements Part B General Trust
Director10% Owner
Transactions
- Sale
Warrant (obligation to sell)
2023-05-31−3,500,000→ 0 total(indirect: By NAI)Exercise: $15.00From: 2028-05-31Exp: 2033-05-31→ Class B common stock (3,500,000 underlying)
Footnotes (2)
- [F1]On May 31, 2023, National Amusements, Inc. ("NAI") sold certain shares of Series A Senior Preferred Stock of NAI, together with one warrant to purchase from NAI up to 3.5 million shares of Class B common stock of Paramount Global, for total consideration of $125.0 million.
- [F2]The Sumner M. Redstone National Amusements Part B General Trust (the "Continuing Trust") owns 80% of the voting stock of NAI. Subject to certain exceptions, actions by the Continuing Trust are authorized by a vote of a majority of the trustees. The shares owned directly and indirectly by NAI may also be deemed to be beneficially owned by the Continuing Trust.
Documents
Issuer
Paramount Global
CIK 0000813828
Entity typeother
IncorporatedMD
Related Parties
1- filerCIK 0000913264
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 4:39 PM ET
- Size
- 8.4 KB