Form 4 for SEAT Vivid Seats Inc.
Accepted 2023-04-21 00:00:00 ET · period of report 2023-04-19 · accession 0001209191-23-025234 · 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 | 2023-04-21 | 2023-04-20 | SEAT | Bakal Riva | Chief Strategy Off | S - Sale+OE | $7.34 | -1,145 | 35.2K | -3% | -$8,404 |
| D | 2023-04-21 | 2023-04-19 | SEAT | Bakal Riva | Chief Strategy Off | M - OptEx | — | +3,852 | 36.4K | +12% | — |
| D | 2023-04-21 | 2023-04-19 | SEAT | Bakal Riva | Chief Strategy Off | M - OptEx | $0.00 | -3,852 | 38.5K | -9% | $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 | 2023-04-20 | S | D | 1,145 | $7.34 | 35,230 | D | — | — | (F2) Sales reported herein were made pursuant to a "mandatory sell to cover" dictated by the RSU award agreement in order to cover tax withholding obligations in connection with 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 $7.34 to $7.30, 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 footnotes. |
| 2 | Common | Class A Common Stock | 2023-04-19 | M | A | 3,852 | — | 36,375 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock |
| 3 | Derivative | Restricted Stock Units | 2023-04-19 | M | D | 3,852 | $0.00 | 38,516 | D | — · — to — | 3,852 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 or will vest and settle, as applicable, in 16 equal quarterly installments beginning on January 19, 2022. The RSUs do not have an expiration date. |