Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SEAT | Class A Common Stock | Options Exercise | +2.44K | +11.99% | 22.8K | Dec 11, 2023 | Direct | F1 | ||
transaction | SEAT | Class A Common Stock | Sale | -$5.01K | -721 | -3.17% | $6.95 | 22K | Dec 12, 2023 | Direct | F2, F3 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SEAT | Stock Option | Disposed to Issuer | -32.1K | -100% | 0 | Dec 7, 2023 | Class A Common Stock | 32.1K | $15.00 | Direct | F4, F5 | ||
transaction | SEAT | Stock Option | Disposed to Issuer | -32.1K | -100% | 0 | Dec 7, 2023 | Class A Common Stock | 32.1K | $12.86 | Direct | F4, F5 | ||
transaction | SEAT | Stock Option | Disposed to Issuer | -75.2K | -100% | 0 | Dec 7, 2023 | Class A Common Stock | 75.2K | $10.26 | Direct | F6, F7 | ||
transaction | SEAT | Stock Option | Award | +75.2K | 75.2K | Dec 7, 2023 | Class A Common Stock | 75.2K | $6.76 | Direct | F6, F7 | |||
transaction | SEAT | Restricted Stock Units | Options Exercise | $0 | -2.44K | -16.66% | $0.00 | 12.2K | Dec 11, 2023 | Class A Common Stock | 2.44K | Direct | F1, F8 |
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 sale price of multiple transactions at prices ranging from $6.95 to $7.02 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 | The stock option began vesting in 16 equal quarterly installments on January 19, 2022. |
F5 | The stock option was cancelled by mutual agreement of the reporting person and the Issuer in connection with the other stock option cancellations and grants reported on this Form. |
F6 | One-third of the stock option vested on March 11, 2023. The remainder of the stock option vests in equal quarterly installments such that the stock option will be fully vested on March 11, 2025. |
F7 | The reporting person agreed to cancellation of a stock option granted on March 11, 2022 in exchange for a new stock option having a lower exercise price, but otherwise identical terms. |
F8 | 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. |