0001225208-23-003430.txt : 20230303 0001225208-23-003430.hdr.sgml : 20230303 20230303174223 ACCESSION NUMBER: 0001225208-23-003430 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230301 FILED AS OF DATE: 20230303 DATE AS OF CHANGE: 20230303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bakish Robert M CENTRAL INDEX KEY: 0001347876 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-09553 FILM NUMBER: 23706190 MAIL ADDRESS: STREET 1: AVID TECHNOLOGY, INC. STREET 2: 75 NETWORK DRIVE CITY: BURLINGTON STATE: MA ZIP: 01803 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Paramount Global CENTRAL INDEX KEY: 0000813828 STANDARD INDUSTRIAL CLASSIFICATION: TELEVISION BROADCASTING STATIONS [4833] IRS NUMBER: 042949533 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1515 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-258-6000 MAIL ADDRESS: STREET 1: 1515 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10036 FORMER COMPANY: FORMER CONFORMED NAME: ViacomCBS Inc. DATE OF NAME CHANGE: 20191204 FORMER COMPANY: FORMER CONFORMED NAME: CBS CORP DATE OF NAME CHANGE: 20060109 FORMER COMPANY: FORMER CONFORMED NAME: VIACOM INC DATE OF NAME CHANGE: 19920703 4 1 doc4.xml X0306 4 2023-03-01 0000813828 Paramount Global PARAA,PARA 0001347876 Bakish Robert M 1515 BROADWAY NEW YORK NY 10036 1 1 President and CEO Class B common stock 2023-03-01 4 M 0 61996.0000 0 A 697817.0000 D Class B common stock 2023-03-01 4 F 0 24743.0000 21.7200 D 673074.0000 D Class B common stock 131.0000 I By Daughter Class B common stock 36.0000 I By Daughter Class B common stock 3026.0000 I By 401(k) Restricted Share Units 2023-03-01 4 M 0 61996.0000 0.0000 D 2023-03-01 Class B common stock 61996.0000 185989.0000 D Restricted Share Units 2023-03-01 4 A 0 346921.0000 0.0000 A 2024-03-01 Class B common stock 346921.0000 346921.0000 D The shares identified in Table I were issued on March 1, 2023, upon vesting of the first of four equal annual installments of the Restricted Share Units ("RSUs") identified in Table II, which were initially granted on March 1, 2022. On March 1, 2023, the closing price of the Class B common stock on The NASDAQ Global Select Market was $21.72 per share. Includes shares acquired periodically pursuant to a dividend reinvestment program meeting the requirements of Rule 16a-11. 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. Granted under the Issuer's long-term incentive plan for no consideration. These RSUs will vest in three equal annual installments beginning on March 1, 2024, and a corresponding number of shares of Class B common stock, net of any shares withheld by the Issuer to satisfy tax liability incident to the vesting of the RSUs, will be delivered on each vest date. /s/ Christa A. D'Alimonte, Attorney-in-Fact for Robert M. Bakish 2023-03-03