Jonathan Miles Wagner - 19 Apr 2023 Form 4 Insider Report for Vivid Seats Inc. (SEAT)

Role: Chief Technology Officer
Signature: /s/ Jonathan Miles Wagner
Issuer symbol: SEAT
Transactions as of: 19 Apr 2023
Transactions value $: -$13,219
Form type: 4
Filing time: 21 Apr 2023, 18:08:28 UTC
Previous filing: 17 Mar 2023
Next filing: 13 Jun 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		+6,250	+12%		56,710	19 Apr 2023	Direct	F1
transaction	SEAT	Class A Common Stock	Sale	-$13,219	-1,801	-3.2%	$7.34	54,909	20 Apr 2023	Direct	F2, F3

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	-6,250	-9.1%	$0	62,500	19 Apr 2023	Class A Common Stock	6,250		Direct	F1, F4

* 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	Sales reported herein were made pursuant to a "mandatory sell to cover" dictated by the RSU award agreement in order to cover tax withholding obligations in connection with the vesting and settlement of RSUs.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.34 to $7.30, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes.
F4	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.