Riva Bakal - 09 May 2024 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Role
Chief Strategy Officer
Signature
/s/ Riva Bakal
Issuer symbol
SEAT
Transactions as of
09 May 2024
Net transactions value
$0
Form type
4
Filing time
13 May 2024, 16:15:58 UTC
Previous filing
23 Apr 2024
Next filing
13 Jun 2024
SEC
View on sec.gov

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 Award $0 +296,000 $0.000000 296,000 09 May 2024 Class A Common Stock 296,000 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 will vest and settle on May 12, 2025. The remainder of the RSUs will vest and settle in quarterly installments thereafter such that the RSUs will be fully vested on May 12, 2027. The RSUs do not have an expiration date.