Riva Bakal - Oct 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: Oct 19, 2024
Transactions value $: -$7,076
Form type: 4
Date filed: 10/22/2024, 06:08 PM
Previous 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	+3.08%		129K	Oct 19, 2024	Direct	F1
transaction	SEAT	Class A Common Stock	Sale	-$7.08K	-1.73K	-1.34%	$4.09	127K	Oct 21, 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	-20%	$0.00	15.4K	Oct 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 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 $4.07 to $4.09 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 began vesting in 16 equal quarterly installments on January 19, 2022, such that they will be fully vested on October 19, 2025. The RSUs do not have an expiration date.