Stanley Chia - Mar 10, 2023 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Role
Chief Executive Officer, Director
Signature
/s/Stanley Chia
Stock symbol
SEAT
Transactions as of
Mar 10, 2023
Transactions value $
$0
Form type
4
Date filed
3/14/2023, 06:27 PM
Previous filing
Jan 23, 2023
Next filing
Apr 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAT Class A Common Stock Options Exercise +106K +135.15% 184K Mar 11, 2023 Direct F1

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 -106K -33.33% $0.00 211K Mar 11, 2023 Class A Common Stock 106K Direct F1, F2
transaction SEAT Restricted Stock Units Award $0 +523K $0.00 523K Mar 10, 2023 Class A Common Stock 523K 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 The RSUs have vested and settled with respect to one third of the RSUs and will vest and settle in equal quarterly installments such that the RSUs will become fully vested on March 11, 2025. The RSUs do not have an expiration date.
F3 The RSUs will vest and settle with respect to one third of the RSUs on March 10, 2024 and in equal quarterly installments thereafter such that the RSUs will become fully vested on March 10, 2026. The RSUs do not have an expiration date.