Form 4 for SEAT Vivid Seats Inc.
Accepted 2023-04-21 00:00:00 ET · period of report 2023-04-19 · accession 0000899243-23-011553 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2023-04-21 | 2023-04-19 | SEAT | POST PORTFOLIO TRUST, LLC | 10% | C - Cnv Deriv | $9.77 | +2.50M | 54.28M | +5% | +$24.43M |
| D | 2023-04-21 | 2023-04-19 | SEAT | POST PORTFOLIO TRUST, LLC | 10% | C - Cnv Deriv | $0.00 | -2.50M | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-04-19 | C | A | 2,500,000 | $9.77 | 54,281,557 | I See Footnotes | — | — | (F1) The reported securities are held as follows: (i) Horizon Sponsor, LLC ("Sponsor") directly holds 16,789,999 of the reported shares of Class A Common Stock ("Class A Shares"), (ii) Post Portfolio Trust, LLC ("Post Portfolio") directly holds 24,552,096 Class A Shares, (iii) SBT Investors, LLC ("SBT") directly holds 10,101,009 Class A Shares and indirectly holds 333,564 Class A Shares through EEH 2017, LLC, (iv) Todd L. Boehly directly holds 4,889 Class A Shares and (v) Parkville Portfolio Trust, LLC ("Parkville"), an indirect subsidiary of Eldridge Industries, LLC ("Eldridge") directly holds 2,500,000 Class A Shares . (F2) Each of the Sponsor, Post Portfolio and Parkville is indirectly controlled by Eldridge. Todd L. Boehly is the controlling member of SBT and indirect controlling member of Eldridge and, in such capacities, may be deemed to have voting and dispositive power over the reported securities. Each of the foregoing persons disclaims beneficial ownership except to the extent of such person's pecuniary interest therein. Solely for purposes of Section 16 of the Securities and Exchange Act of 1934, Sponsor, Post Portfolio, and Eldridge may be deemed directors by deputization with respect to the Issuer. |
| 2 | Derivative | Options (Obligation to Purchase) | 2023-04-19 | C | D | 2,500,000 | $0.00 | 0 | D | $9.77 · 2023-04-19 to 2023-04-19 | 2,500,000 Class A Common Stock |