Stanley Chia - 10 Mar 2023 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Role
Chief Executive Officer, Director
Signature
/s/Stanley Chia
Issuer symbol
SEAT
Transactions as of
10 Mar 2023
Transactions value $
$0
Form type
4
Filing time
14 Mar 2023, 18:27:40 UTC
Previous filing
23 Jan 2023
Next filing
21 Apr 2023
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 +105,586 +135% 183,711 11 Mar 2023 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 -105,586 -33.3% $0.000000 211,178 11 Mar 2023 Class A Common Stock 105,586 Direct F1, F2
transaction SEAT Restricted Stock Units Award $0 +523,012 $0.000000 523,012 10 Mar 2023 Class A Common Stock 523,012 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 RSUs have vested and settled with respect to one third of the RSUs and will vest and settle in equal quarterly installments such that the RSUs will become fully vested on March 11, 2025. The RSUs do not have an expiration date.
F3 The RSUs will vest and settle with respect to one third of the RSUs on March 10, 2024 and in equal quarterly installments thereafter such that the RSUs will become fully vested on March 10, 2026. The RSUs do not have an expiration date.