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Vivid Seats Inc. — Director's Dealing 2023
Dec 14, 2023
33814_dirs_2023-12-13_b998e8c9-afa8-459c-abe7-131912bcee4a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Vivid Seats Inc. (SEAT)
CIK: 0001856031
Period of Report: 2023-12-07
Reporting Person: Fey Lawrence (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-11 | Class A Common Stock | M | 16245 | — | Acquired | 213709 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-12-07 | Stock Option | $15.00 | D | 220546 | Disposed | 2031-10-19 | Class A Common Stock (220546) | Direct |
| 2023-12-07 | Stock Option | $12.86 | D | 220546 | Disposed | 2031-10-19 | Class A Common Stock (220546) | Direct |
| 2023-12-07 | Stock Option | $12.86 | D | 530504 | Disposed | 2031-10-19 | Class A Common Stock (530504) | Direct |
| 2023-12-07 | Stock Option | $6.76 | A | 530504 | Acquired | 2031-10-19 | Class A Common Stock (530504) | Direct |
| 2023-12-07 | Stock Option | $10.26 | D | 501253 | Disposed | 2032-03-11 | Class A Common Stock (501253) | Direct |
| 2023-12-07 | Stock Option | $6.76 | A | 501253 | Acquired | 2032-03-11 | Class A Common Stock (501253) | Direct |
| 2023-12-11 | Restricted Stock Units | $ | M | 16245 | Disposed | Class A Common Stock (16245) | Direct |
Footnotes
F1: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A common stock.
F2: The stock option began vesting in 16 quarterly installments on January 19, 2022.
F3: 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.
F4: 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.
F5: 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.
F6: 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.
F7: 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.