Riva Bakal - May 9, 2024 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Signature
/s/ Riva Bakal
Stock symbol
SEAT
Transactions as of
May 9, 2024
Transactions value $
$0
Form type
4
Date filed
5/13/2024, 04:15 PM
Previous filing
Apr 23, 2024
Next filing
Jun 13, 2024

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 +296K $0.00 296K May 9, 2024 Class A Common Stock 296K 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.