Filing Details

Accession Number:
0001209191-23-058566
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-13 19:33:34
Reporting Period:
2023-12-07
Accepted Time:
2023-12-13 19:33:34
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
1880369 Miles Jonathan Wagner C/O Vivid Seats Inc.
24 E. Washington Street, Suite 900
Chicago IL 60602
Chief Technology Officer No Yes 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 2023-12-11 10,153 $0.00 88,416 No 4 M Direct
Class A Common Stock Disposition 2023-12-12 2,915 $6.95 85,501 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 Stock Option Disposition 2023-12-07 110,273 $0.00 110,273 $15.00
Class A Common Stock Stock Option Disposition 2023-12-07 110,273 $0.00 110,273 $12.86
Class A Common Stock Stock Option Disposition 2023-12-07 265,252 $0.00 265,252 $12.86
Class A Common Stock Stock Option Acquisiton 2023-12-07 265,252 $0.00 265,252 $6.76
Class A Common Stock Stock Option Disposition 2023-12-07 313,283 $0.00 313,283 $10.26
Class A Common Stock Stock Option Acquisiton 2023-12-07 313,283 $0.00 313,283 $6.76
Class A Common Stock Restricted Stock Units Disposition 2023-12-11 10,153 $0.00 10,153 $0.00
Remaning Holdings Exercise Date 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
265,252 2031-10-19 No 4 A Direct
0 2032-03-11 No 4 D Direct
313,283 2032-03-11 No 4 A Direct
50,764 No 4 M Direct
Footnotes
  1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A common stock.
  2. 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.
  3. Represents the weighted average sale price of multiple transactions at prices ranging from $6.95 to $7.00 per share. The reporting person undertakes to provide, upon request of 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.
  4. The stock option began vesting in 16 equal quarterly installments on January 19, 2022.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. 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.