Riva Bakal - Jul 19, 2024 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Role
Chief Strategy Officer
Signature
/s/ Riva Bakal
Stock symbol
SEAT
Transactions as of
Jul 19, 2024
Transactions value $
-$9,031
Form type
4
Date filed
7/23/2024, 06:00 PM
Previous filing
Jun 13, 2024
Next filing
Sep 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 +3.85K +3.48% 115K Jul 19, 2024 Direct F1
transaction SEAT Class A Common Stock Sale -$9.03K -1.72K -1.5% $5.26 113K Jul 22, 2024 Direct F2, F3

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 -3.85K -16.67% $0.00 19.3K Jul 19, 2024 Class A Common Stock 3.85K Direct F1, F4
* 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 Represents shares sold pursuant to a mandatory "sell to cover" provision of the RSU agreement to satisfy tax withholding obligations arising in connection with the vesting and settlement of the RSUs.
F3 Represents the weighted average sale price of multiple transactions at prices ranging from $5.26 to $5.26 per share. The reporting person undertakes to provide, upon request from the staff of the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4 The RSUs vest and settle in 16 equal quarterly installments, beginning on January 19, 2022, such that they will be fully vested on October 19, 2025. The RSUs do not have an expiration date.