DeDe Lea - 30 Sep 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
30 Sep 2021
Transactions value $
-$104,030
Form type
4
Filing time
04 Oct 2021, 18:18:50 UTC
Previous filing
20 May 2021
Next filing
03 Nov 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 +1,013 +3.27% $0 31,984 30 Sep 2021 Direct F1
transaction PARA Class B common stock Tax liability -$104,029 -2,633 -8.23% $39.51 29,351 30 Sep 2021 Direct F2
holding PARA Class B common stock 755 30 Sep 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 -1,013 -100% $0* 0 30 Sep 2021 Class B common stock 1,013 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were issued on September 30, 2021 upon vesting of restricted share units that were initially granted on November 30, 2018 as performance share units (the "RSUs"). On September 30, 2021, the closing price of the Class B common stock on The NASDAQ Global Select Market was $39.51 per share.
F2 These shares were withheld by ViacomCBS to satisfy tax liability incident to the settlement 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.
F4 This number was previously shown as a holding of 5,451; it is adjusted here to reflect that 4,438 of the 5,451 shares were already included on Table 1, as permissible.