Filing Details

Accession Number:
0001387131-22-006265
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-18 15:42:44
Reporting Period:
2022-05-17
Accepted Time:
2022-05-18 15:42:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
813828 Paramount Global PARA Television Broadcasting Stations (4833) 042949533
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
913264 National Amusements Inc /Md/ 846 University Avenue
Norwood MA 02062
Yes No Yes No
1507493 Nai Entertainment Holdings Llc 846 University Avenue
Norwood MA 02062
Yes No Yes No
1854218 Trust General B Part Amusements National Redstone M. Sumner 846 University Avenue
Norword MA 02062
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Paramount Global Class B Common Stock Acquisiton 2022-05-17 646,764 $32.37 32,012,190 No 4 P Indirect By NAI and NAI EH.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By NAI and NAI EH.
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $32.03 to $32.59, inclusive. The reporting person undertakes to provide to Paramount Global (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  2. Of these securities, (i) 18,425,149 shares are owned directly by National Amusements, Inc. ("NAI") and (ii) 13,587,041 shares are owned directly by NAI Entertainment Holdings LLC ("NAI EH"). NAI EH is a wholly-owned direct subsidiary of NAI. The shares owned directly by NAI EH may also be deemed to be beneficially owned by NAI.
  3. 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.