DeDe Lea - 18 May 2021 Form 4 Insider Report for ViacomCBS Inc. (PARA)

Role
EVP, Pub Pol'y & Gov Relations
Signature
/s/ Christa A. D'Alimonte, Attorney-in-Fact for DeDe Lea
Issuer symbol
PARA
Transactions as of
18 May 2021
Transactions value $
-$35,742
Form type
4
Filing time
20 May 2021, 18:11:26 UTC
Next filing
04 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PARA Class B common stock Options Exercise $0 +1,842 +6.14% $0 31,861 18 May 2021 Direct F1
transaction PARA Class B common stock Tax liability -$35,742 -890 -2.79% $40.16 30,971 18 May 2021 Direct F2
holding PARA Class B common stock 751 18 May 2021 By 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PARA Restricted Share Units Options Exercise $0 -1,842 -100% $0* 0 18 May 2021 Class B common stock 1,842 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares identified in Table I were issued on May 18, 2021, upon vesting of the last of four equal annual installments of the Restricted Share Units ("RSUs") identified in Table II, which were initially granted on May 18, 2017. On May 18, 2021, the closing price of the Class B common stock on The NASDAQ Global Select Market was $40.16 per share.
F2 These shares were withheld by ViacomCBS 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.
F3 Granted under ViacomCBS's long-term incentive plan for no consideration.