Riva Bakal - Oct 19, 2022 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, 2022
Transactions value $: -$8,809
Form type: 4
Date filed: 10/21/2022, 07:38 PM
Previous filing: Jul 21, 2022
Next filing: Jan 23, 2023

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	+48.58%		11.8K	Oct 19, 2022	Direct	F1
transaction	SEAT	Class A Common Stock	Sale	-$8.81K	-1.14K	-9.68%	$7.72	10.6K	Oct 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	-3.85K	-7.69%	$0.00	46.2K	Oct 19, 2022	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 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 $7.72 to $7.75, 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.