Form 4 for SEAT Vivid Seats Inc.
Accepted 2024-06-13 00:00:00 ET · period of report 2024-06-11 · accession 0000950170-24-073017 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-06-13 | 2024-06-11 | SEAT | Pickus Edward | CAO | M - OptEx | — | +6,504 | 39.5K | +20% | — |
| D | 2024-06-13 | 2024-06-12 | SEAT | Pickus Edward | CAO | S - Sale+OE | $5.42 | -725 | 39.7K | -2% | -$3,930 |
| D | 2024-06-13 | 2024-06-11 | SEAT | Pickus Edward | CAO | F - Tax | $5.40 | -1,557 | 40.4K | -4% | -$8,408 |
| DM | 2024-06-13 | 2024-06-11 | SEAT | Pickus Edward | CAO | M - OptEx | $0.00 | -6,504 | 28.5K | -19% | $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 | 2024-06-11 | M | A | 2,437 | — | 41,938 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A common stock. |
| 2 | Common | Class A Common Stock | 2024-06-11 | M | A | 4,067 | — | 39,501 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A common stock. |
| 3 | Common | Class A Common Stock | 2024-06-12 | S | D | 725 | $5.42 | 39,656 | D | — | — | (F2) 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. (F3) Represents the weighted average sale price of multiple transactions at prices ranging from $5.42 to $5.42 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. |
| 4 | Common | Class A Common Stock | 2024-06-11 | F | D | 1,557 | $5.40 | 40,381 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2024-06-11 | M | D | 2,437 | $0.00 | 7,310 | D | — · — to — | 2,437 Class A Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A common stock. (F4) 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 they will be fully vested on March 11, 2025. The RSUs do not have an expiration date. |
| 6 | Derivative | Restricted Stock Units | 2024-06-11 | M | D | 4,067 | $0.00 | 28,476 | D | — · — to — | 4,067 Class A Common Stock | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A common stock. (F5) One-third of the RSUs vested and settled on March 11, 2024. The remainder of the RSUs vest and settle in equal quarterly installments such that they will be fully vested on March 11, 2026. The RSUs do not have an expiration date. |