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Filing Details

Accession Number:: 0001209191-23-058558
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-12-13 19:21:56
Reporting Period:: 2023-12-07

Accepted Time:: 2023-12-13 19:21:56
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1856031	Vivid Seats Inc.	SEAT	Services-Miscellaneous Amusement & Recreation (7990)	863355184

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1880279	Riva Bakal	C/O Vivid Seats Inc. 24 E. Washington Street, Suite 900 Chicago IL 60602	Chief Strategy Officer	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2023-12-11	6,904	$0.00	57,263	No	4	M	Direct
Class A Common Stock	Disposition	2023-12-12	2,039	$6.95	55,224	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Stock Option	Disposition	2023-12-07	67,956	$0.00	67,956	$15.00
Class A Common Stock	Stock Option	Disposition	2023-12-07	67,956	$0.00	67,956	$12.86
Class A Common Stock	Stock Option	Disposition	2023-12-07	163,462	$0.00	163,462	$12.86
Class A Common Stock	Stock Option	Acquisiton	2023-12-07	163,462	$0.00	163,462	$6.76
Class A Common Stock	Stock Option	Disposition	2023-12-07	213,032	$0.00	213,032	$10.26
Class A Common Stock	Stock Option	Acquisiton	2023-12-07	213,032	$0.00	213,032	$6.76
Class A Common Stock	Restricted Stock Units	Disposition	2023-12-11	6,904	$0.00	6,904	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2031-10-19	No	4	D	Direct
0	2031-10-19	No	4	D	Direct
0	2031-10-19	No	4	D	Direct
163,462	2031-10-19	No	4	A	Direct
0	2032-03-11	No	4	D	Direct
213,032	2032-03-11	No	4	A	Direct
34,520		No	4	M	Direct

Footnotes

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A common stock.
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.
Represents the weighted average sale price of multiple transactions at prices ranging from $6.95 to $7.01 per share. The reporting person undertakes to provide, upon request from 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.
The stock option began vesting in 16 equal quarterly installments on January 19, 2022.
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.
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.
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.
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.
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.