Emily T. Epstein - Mar 11, 2024 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Signature
/s/ Emily T. Epstein
Stock symbol
SEAT
Transactions as of
Mar 11, 2024
Transactions value $
-$84,047
Form type
4
Date filed
3/13/2024, 04:18 PM
Previous filing
Mar 11, 2024
Next filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAT Class A Common Stock Options Exercise +31.4K +216.77% 45.9K Mar 11, 2024 Direct F1
transaction SEAT Class A Common Stock Tax liability -$84K -14.5K -31.71% $5.78 31.3K Mar 11, 2024 Direct

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 -31.4K -33.33% $0.00 62.8K Mar 11, 2024 Class A Common Stock 31.4K Direct F1, F2
* 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, 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.