Riva Bakal - Jan 19, 2023 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Signature
/s/ Riva Bakal
Stock symbol
SEAT
Transactions as of
Jan 19, 2023
Transactions value $
-$10,567
Form type
4
Date filed
1/23/2023, 05:05 PM
Previous filing
Oct 21, 2022
Next filing
Mar 17, 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 +36.19% 14.5K Jan 19, 2023 Direct F1
transaction SEAT Class A Common Stock Sale -$10.6K -1.34K -9.25% $7.88 13.2K Jan 20, 2023 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 -3.85K -8.33% $0.00 42.4K Jan 19, 2023 Class A Common Stock 3.85K 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.