Riva Bakal - Jan 19, 2022 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Signature
/s/ David Morris, Attorney-in-fact
Stock symbol
SEAT
Transactions as of
Jan 19, 2022
Transactions value $
-$14,185
Form type
4
Date filed
1/21/2022, 05:55 PM
Previous filing
Nov 9, 2021
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAT Class A Common Stock Options Exercise +3.85K 3.85K Jan 19, 2022 Direct F1
transaction SEAT Class A Common Stock Sale -$14.2K -1.35K -35.08% $10.50 2.5K Jan 20, 2022 Direct F2

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 SEAT Restricted Stock Units Options Exercise $0 -3.85K -6.25% $0.00 57.8K Jan 19, 2022 Class A Common Stock 3.85K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 The price reported is a weighted average price. The securities were sold in multiple transactions at per share prices ranging from $ 10.4084 to $ 10.5000. The Reporting Person undertakes to provide upon request the SEC staff, the Issuer, or any shareholder of the Issuer, full information regarding the number of securities sold at each separate price within the range set forth in this footnote 2.
F3 The RSUs have vested and settled or will vest and settle, as applicable, in 16 equal quarterly installments beginning on January 19, 2022. The RSUs do not have an expiration date.