E. David Morris - Jul 19, 2022 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Role
General Counsel
Signature
/s/ David Morris
Stock symbol
SEAT
Transactions as of
Jul 19, 2022
Transactions value $
-$3,764
Form type
4
Date filed
7/21/2022, 05:14 PM
Previous filing
Apr 21, 2022
Next filing
Oct 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAT Class A Common Stock Options Exercise +1.5K +74.16% 3.53K Jul 19, 2022 Direct F1
transaction SEAT Class A Common Stock Sale -$3.76K -446 -12.63% $8.44 3.09K Jul 20, 2022 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 -1.5K -7.14% $0.00 19.6K Jul 19, 2022 Class A Common Stock 1.5K 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 the aggregate number of shares sold by the Reporting Person solely to cover required taxes and fees due upon the vesting and settlement of RSUs.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.32 to $8.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes.
F4 The RSUs have vested and settled or will vest and settle, as applicable, in 16 equal quarterly installments beginning on January 19, 2022. The RSUs do not have an expiration date.