Jonathan Miles Wagner - 07 Dec 2023 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
13 Dec 2023, 19:33:34 UTC
Prior SEC filing
23 Oct 2023
Next SEC filing
23 Jan 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jonathan Miles Wagner

Key filing fact

Jonathan Miles Wagner filed Form 4 for Vivid Seats Inc. (SEAT) on 13 Dec 2023.

Key facts

  • This page summarizes Jonathan Miles Wagner's Form 4 filing for Vivid Seats Inc. (SEAT).
  • 9 reported transactions and 7 derivative rows are listed below.
  • Accepted by SEC: 13 Dec 2023, 19:33.

Change

  • Previous filing in this sequence was filed on 23 Oct 2023.
  • Current net transaction value: -$20,259.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SEAT transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+10,153
Change %
+13%
Price
Shares after
88,416
Date
11 Dec 2023
Ownership
Direct
Footnotes
F1
SEAT transaction

Class A Common Stock

Sale

Transaction value
$20,259
Shares
-2,915
Change %
-3.3%
Price
$6.95
Shares after
85,501
Date
12 Dec 2023
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SEAT transaction Derivative

Stock Option

Disposed to Issuer

Transaction value
Shares
-110,273
Change %
-100%
Price
Shares after
0
Date
07 Dec 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
110,273
Exercise price
$15.00
Footnotes
F4, F5
SEAT transaction Derivative

Stock Option

Disposed to Issuer

Transaction value
Shares
-110,273
Change %
-100%
Price
Shares after
0
Date
07 Dec 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
110,273
Exercise price
$12.86
Footnotes
F4, F5
SEAT transaction Derivative

Stock Option

Disposed to Issuer

Transaction value
Shares
-265,252
Change %
-100%
Price
Shares after
0
Date
07 Dec 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
265,252
Exercise price
$12.86
Footnotes
F4, F6
SEAT transaction Derivative

Stock Option

Award

Transaction value
Shares
+265,252
Change %
Price
Shares after
265,252
Date
07 Dec 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
265,252
Exercise price
$6.76
Footnotes
F4, F6
SEAT transaction Derivative

Stock Option

Disposed to Issuer

Transaction value
Shares
-313,283
Change %
-100%
Price
Shares after
0
Date
07 Dec 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
313,283
Exercise price
$10.26
Footnotes
F7, F8
SEAT transaction Derivative

Stock Option

Award

Transaction value
Shares
+313,283
Change %
Price
Shares after
313,283
Date
07 Dec 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
313,283
Exercise price
$6.76
Footnotes
F7, F8
SEAT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-10,153
Change %
-17%
Price
$0.000000
Shares after
50,764
Date
11 Dec 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
10,153
Exercise price
Footnotes
F1, F9
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 9 footnotes

Footnote F1

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A common stock.

Footnote 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.

Footnote F3

Represents the weighted average sale price of multiple transactions at prices ranging from $6.95 to $7.00 per share. The reporting person undertakes to provide, upon request of 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.

Footnote F4

The stock option began vesting in 16 equal quarterly installments on January 19, 2022.

Footnote 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.

Footnote F6

The reporting person agreed to cancellation of a stock option granted on October 19, 2021 in exchange for a new stock option having a lower exercise price, but otherwise identical terms.

Footnote F7

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.

Footnote F8

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.

Footnote F9

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.

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