Form 4 for SEAT Vivid Seats Inc.
Accepted 2023-03-14 00:00:00 ET · period of report 2023-03-10 · accession 0001209191-23-018627 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-03-14 | 2023-03-11 | SEAT | Pickus Edward | CAO | M - OptEx | — | +9,746 | 16.0K | +157% | — |
| D | 2023-03-14 | 2023-03-13 | SEAT | Pickus Edward | CAO | S - Sale+OE | $7.04 | -2,893 | 13.1K | -18% | -$20.4K |
| D | 2023-03-14 | 2023-03-10 | SEAT | Pickus Edward | CAO | A - Grant | $0.00 | +48.8K | 48.8K | New | $0 |
| D | 2023-03-14 | 2023-03-11 | SEAT | Pickus Edward | CAO | M - OptEx | $0.00 | -9,746 | 19.5K | -33% | $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 | 2023-03-11 | M | A | 9,746 | — | 15,957 | 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 | 2023-03-13 | S | D | 2,893 | $7.04 | 13,064 | D | — | — | (F2) Represents the aggregate number of shares sold by the Reporting Person solely to cover required taxes and fees due upon the vesting and settlement of RSUs. (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.04 to $7.17, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes. |
| 3 | Derivative | Restricted Stock Units | 2023-03-10 | A | A | 48,814 | $0.00 | 48,814 | D | — · — to — | 48,814 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) The RSUs will vest and settle with respect to one third of the RSUs on March 10, 2024 and in equal quarterly installments thereafter such that the RSUs will become fully vested on March 10, 2026. The RSUs do not have an expiration date. |
| 4 | Derivative | Restricted Stock Units | 2023-03-11 | M | D | 9,746 | $0.00 | 19,493 | D | — · — to — | 9,746 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) The RSUs have vested and settled with respect to one third of the RSUs and will vest and settle in equal quarterly installments such that the RSUs will become fully vested on March 11, 2025. The RSUs do not have an expiration date. |