Stanley Chia - 11 Sep 2023 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Signature
/s/ Stanley Chia
Issuer symbol
SEAT
Transactions as of
11 Sep 2023
Net transactions value
$0
Form type
4
Filing time
13 Sep 2023, 17:53:03 UTC
Previous filing
21 Jul 2023
Next filing
23 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAT Class A Common Stock Options Exercise +26,397 +11% 267,755 11 Sep 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 -26,397 -14% $0.000000 158,384 11 Sep 2023 Class A Common Stock 26,397 Direct F1, F2
* 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 One-third of the RSUs vested and settled on March 11, 2023. The remainder of the RSUs vest and settle in equal quarterly installments such that the RSUs will be fully vested on March 11, 2025. The RSUs do not have an expiration date.