Stanley Chia - Mar 11, 2024 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Role
Chief Executive Officer, Director
Signature
/s/ Stanley Chia
Stock symbol
SEAT
Transactions as of
Mar 11, 2024
Transactions value $
$0
Form type
4
Date filed
3/13/2024, 04:15 PM
Previous filing
Mar 11, 2024
Next filing
Apr 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAT Class A Common Stock Options Exercise +174K +53.58% 500K Mar 11, 2024 Direct F1
transaction SEAT Class A Common Stock Options Exercise +26.4K +5.28% 526K Mar 11, 2024 Direct F1

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 -26.4K -20% $0.00 106K Mar 11, 2024 Class A Common Stock 26.4K Direct F1, F2
transaction SEAT Restricted Stock Units Options Exercise $0 -174K -33.33% $0.00 349K Mar 11, 2024 Class A Common Stock 174K 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 One-third of the RSUs vested and settled on March 11, 2023. The remainder of the RSUs vested and settled or will vest and settle, as applicable, in quarterly installments thereafter such that the RSUs will become fully vested on March 11, 2025. The RSUs do not have an expiration date.
F3 One-third of the RSUs vested and settled on March 11, 2024. The remainder of the RSUs will vest and settle in quarterly installments thereafter such that the RSUs will become fully vested on March 11, 2026. The RSUs do not have an expiration date.