Jonathan Miles Wagner - Sep 11, 2023 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Role
Chief Technology Officer
Signature
/s/ Jonathan Miles Wagner
Stock symbol
SEAT
Transactions as of
Sep 11, 2023
Transactions value $
-$19,972
Form type
4
Date filed
9/13/2023, 05:58 PM
Previous filing
Jul 21, 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 Options Exercise +10.2K +15.24% 76.8K Sep 11, 2023 Direct F1
transaction SEAT Class A Common Stock Sale -$20K -2.95K -3.84% $6.77 73.8K Sep 12, 2023 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 -10.2K -14.29% $0.00 60.9K Sep 11, 2023 Class A Common Stock 10.2K 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 shares sold pursuant to a mandatory "sell to cover" provision of the RSU agreement to satisfy tax withholding obligations arising in connection with the vesting and settlement of the RSUs.
F3 Represents the weighted average price of multiple transactions at prices ranging from $6.77 to $6.86 per share. The reporting person undertakes to provide, upon request from the staff of the SEC, the Issuer or any security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4 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.