Stanley Chia - 11 Mar 2024 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Signature
/s/ Stanley Chia
Issuer symbol
SEAT
Transactions as of
11 Mar 2024
Transactions value $
$0
Form type
4
Filing time
13 Mar 2024, 16:15:42 UTC
Previous filing
11 Mar 2024
Next filing
23 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEAT Class A Common Stock Options Exercise +174,335 +53.6% 499,737 11 Mar 2024 Direct F1
transaction SEAT Class A Common Stock Options Exercise +26,398 +5.28% 526,135 11 Mar 2024 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 -26,398 -20% $0.000000 105,589 11 Mar 2024 Class A Common Stock 26,398 Direct F1, F2
transaction SEAT Restricted Stock Units Options Exercise $0 -174,335 -33.3% $0.000000 348,677 11 Mar 2024 Class A Common Stock 174,335 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 One-third of the RSUs vested and settled on March 11, 2023. The remainder of the RSUs vested and settled or will vest and settle, as applicable, in quarterly installments thereafter such that the RSUs will become fully vested on March 11, 2025. The RSUs do not have an expiration date.
F3 One-third of the RSUs vested and settled on March 11, 2024. The remainder of the RSUs will vest and settle in quarterly installments thereafter such that the RSUs will become fully vested on March 11, 2026. The RSUs do not have an expiration date.