Craig A. Dixon - Jun 8, 2023 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Role
Director
Signature
/s/ Craig A. Dixon
Stock symbol
SEAT
Transactions as of
Jun 8, 2023
Transactions value $
-$96,875
Form type
4
Date filed
6/9/2023, 05:32 PM
Previous filing
Jun 7, 2023
Next filing
Oct 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAT Class A Common Stock Sale -$96.9K -12.5K -69.14% $7.75 5.58K Jun 8, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan dated November 25, 2022.
F2 The price reported is a weighted average price. The securities were sold in multiple transactions at per share prices ranging from $7.66 to $7.81. The Reporting Person undertakes to provide upon request from the SEC staff, the Issuer, or any shareholder of the Issuer, full information regarding the number of securities sold at each separate price within the range set forth in this footnote.