Edward Pickus - 19 Jan 2022 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Role: Chief Accounting Officer
Signature: /s/ David Morris, Attorney-in-fact
Issuer symbol: SEAT
Transactions as of: 19 Jan 2022
Transactions value $: -$6,699
Form type: 4
Filing time: 21 Jan 2022, 17:53:24 UTC
Previous filing: 01 Nov 2021
Next filing: 15 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SEAT	Class A Common Stock	Options Exercise		+1.82K			1.82K	19 Jan 2022	Direct	F1
transaction	SEAT	Class A Common Stock	Sale	-$6.7K	-638	-35.13%	$10.50	1.18K	20 Jan 2022	Direct	F2

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	-1.82K	-6.25%	$0.00	27.3K	19 Jan 2022	Class A Common Stock	1.82K		Direct	F1, F3

* 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	The price reported is a weighted average price. The securities were sold in multiple transactions at per share prices ranging from $10.50 to $10.59. The Reporting Person undertakes to provide upon request 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 2.
F3	The RSUs have vested and settled or will vest and settle, as applicable, in 16 equal quarterly installments beginning on January 19, 2022. The RSUs do not have an expiration date.