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

Role: Chief Financial Officer
Signature: /s/ Lawrence Fey
Stock symbol: SEAT
Transactions as of: Mar 11, 2024
Transactions value $: $0
Form type: 4
Date filed: 3/13/2024, 04:17 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		+95.3K	+42.13%		322K	Mar 11, 2024	Direct	F1
transaction	SEAT	Class A Common Stock	Options Exercise		+16.2K	+5.05%		338K	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	-16.2K	-20%	$0.00	65K	Mar 11, 2024	Class A Common Stock	16.2K		Direct	F1, F2
transaction	SEAT	Restricted Stock Units	Options Exercise	$0	-95.3K	-33.33%	$0.00	191K	Mar 11, 2024	Class A Common Stock	95.3K		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.