Edward Pickus - 11 Mar 2025 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Role: Chief Accounting Officer
Signature: /s/ Edward Pickus
Issuer symbol: SEAT
Transactions as of: 11 Mar 2025
Net transactions value: -$122,475
Form type: 4
Filing time: 13 Mar 2025, 19:16:22 UTC
Previous filing: 22 Jan 2025
Next filing: 17 Mar 2025
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		+4,068	+7.9%		55,558	11 Mar 2025	Direct	F1
transaction	SEAT	Class A Common Stock	Options Exercise		+2,437	+4.4%		57,995	11 Mar 2025	Direct	F1
transaction	SEAT	Class A Common Stock	Options Exercise		+64,598	+111%		122,593	11 Mar 2025	Direct	F1
transaction	SEAT	Class A Common Stock	Tax liability	$119,283	-31,640	-26%	$3.77	90,953	11 Mar 2025	Direct
transaction	SEAT	Class A Common Stock	Sale	$3,192	-1,128	-1.2%	$2.83	89,825	13 Mar 2025	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	-2,437	-100%	$0.000000	0	11 Mar 2025	Class A Common Stock	2,437		Direct	F1, F4
transaction	SEAT	Restricted Stock Units	Options Exercise	$0	-4,068	-20%	$0.000000	16,272	11 Mar 2025	Class A Common Stock	4,068		Direct	F1, F5
transaction	SEAT	Restricted Stock Units	Options Exercise	$0	-64,598	-33%	$0.000000	129,200	11 Mar 2025	Class A Common Stock	64,598		Direct	F1, F6

* 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 on March 12, 2025 and March 13, 2025 at prices ranging from $2.51 to $3.09 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	One-third of the RSUs vested on March 11, 2023. The remainder of the RSUs vested in equal quarterly installments such that they fully vested on March 11, 2025. The RSUs do not have an expiration date.
F5	One-third of the RSUs vested on March 11, 2024. The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested on March 11, 2026. The RSUs do not have an expiration date.
F6	One-third of the RSUs vested on March 11, 2025. The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested on March 11, 2027. The RSUs do not have an expiration date.