Edward Pickus - 19 Jul 2022 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Signature
/s/ David Morris, Attorney-in-Fact
Issuer symbol
SEAT
Transactions as of
19 Jul 2022
Net transactions value
-$4,532
Form type
4
Filing time
21 Jul 2022, 17:15:24 UTC
Previous filing
21 Apr 2022
Next filing
21 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAT Class A Common Stock Options Exercise +1,817 +74% 4,287 19 Jul 2022 Direct F1
transaction SEAT Class A Common Stock Sale $4,532 -537 -13% $8.44 3,750 20 Jul 2022 Direct F2

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 -1,817 -7.1% $0.000000 23,618 19 Jul 2022 Class A Common Stock 1,817 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 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 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.