Lawrence Fey - 11 Sep 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 Sep 2024
Net transactions value
$0
Form type
4
Filing time
13 Sep 2024, 17:40:29 UTC
Previous filing
23 Jul 2024
Next filing
22 Oct 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 +5.9% 426,652 11 Sep 2024 Direct F1
transaction SEAT Class A Common Stock Options Exercise +16,245 +3.8% 442,897 11 Sep 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 -16,245 -33% $0.000000 32,489 11 Sep 2024 Class A Common Stock 16,245 Direct F1, F2
transaction SEAT Restricted Stock Units Options Exercise $0 -23,826 -14% $0.000000 142,958 11 Sep 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 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.