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

Role
Chief Financial Officer
Signature
/s/ Lawrence Fey
Issuer symbol
SEAT
Transactions as of
11 Jun 2024
Net transactions value
$0
Form type
4
Filing time
13 Jun 2024, 16:21:27 UTC
Previous filing
13 May 2024
Next filing
23 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAT Class A Common Stock Options Exercise +23,826 +6.8% 374,082 11 Jun 2024 Direct F1
transaction SEAT Class A Common Stock Options Exercise +16,244 +4.3% 390,326 11 Jun 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 -16,244 -25% $0.000000 48,734 11 Jun 2024 Class A Common Stock 16,244 Direct F1, F2
transaction SEAT Restricted Stock Units Options Exercise $0 -23,826 -12% $0.000000 166,784 11 Jun 2024 Class A Common Stock 23,826 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 vest and settle in equal quarterly installments such that they will be 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 vest and settle in equal quarterly installments such that they will be fully vested on March 11, 2026. The RSUs do not have an expiration date.