Filing Details
- Accession Number:
- 0000950170-24-058960
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-05-13 19:01:47
- Reporting Period:
- 2024-05-09
- Accepted Time:
- 2024-05-13 19:01:47
- 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 |
|---|---|---|---|---|---|---|---|
| 1910123 | T Emily Epstein | C/O Vivid Seats Inc. 24 E. Washington Street, Suite 900 Chicago IL 60602 | General Counsel | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2024-05-12 | 4,309 | $0.00 | 35,624 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2024-05-13 | 1,381 | $5.55 | 34,243 | 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
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Units | Disposition | 2024-05-12 | 4,309 | $0.00 | 4,309 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Acquisiton | 2024-05-09 | 235,000 | $0.00 | 235,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 25,852 | No | 4 | M | Direct | ||
| 235,000 | No | 4 | A | 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 $5.55 to $5.55 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.
- One-third of the RSUs vested and settled on November 12, 2023. The remainder of the RSUs vest and settle in equal quarterly installments such that the RSUs will be fully vested on November 12, 2025. The RSUs do not have an expiration date.
- One-third of the RSUs will vest and settle on May 12, 2025. The remainder of the RSUs will vest and settle in equal quarterly installments such that the RSUs will be fully vested on May 12, 2027. The RSUs do not have an expiration date.
Billionaire Hedge Funds
