Edward Pickus - Oct 19, 2024 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Role
Chief Accounting Officer
Signature
/s/ Edward Pickus
Stock symbol
SEAT
Transactions as of
Oct 19, 2024
Transactions value $
-$2,217
Form type
4
Date filed
10/22/2024, 06:11 PM
Previous filing
Sep 13, 2024
Next filing
Dec 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 +1.82K +4.04% 46.8K Oct 19, 2024 Direct F1
transaction SEAT Class A Common Stock Sale -$2.22K -542 -1.16% $4.09 46.3K 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 -1.82K -20% $0.00 7.27K Oct 19, 2024 Class A Common Stock 1.82K 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.