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