Form 4 for SEAT Vivid Seats Inc.
Accepted 2023-06-13 00:00:00 ET · period of report 2023-06-11 · accession 0001209191-23-036852 · 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 | 2023-06-13 | 2023-06-11 | SEAT | Pickus Edward | CAO | M - OptEx | $0.00 | +2,436 | 16.8K | +17% | $0 |
| D | 2023-06-13 | 2023-06-12 | SEAT | Pickus Edward | CAO | S - Sale+OE | $7.82 | -720 | 16.1K | -4% | -$5,630 |
| D | 2023-06-13 | 2023-06-11 | SEAT | Pickus Edward | CAO | M - OptEx | $0.00 | -2,436 | 17.1K | -12% | $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 | 2023-06-11 | M | A | 2,436 | $0.00 | 16,776 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-06-12 | S | D | 720 | $7.82 | 16,056 | D | — | — | (F1) Sales reported herein were made pursuant to a "mandatory sell to cover" dictated by the restricted stock unit ("RSU") award agreement in order to cover tax withholding obligations in connection with the vesting and settlement of RSUs. (F2) The price reported is a weighted average price. The securities were sold in multiple transactions at per share prices ranging from $7.82 to $7.85. The Reporting Person undertakes to provide upon request from the SEC staff, the Issuer, or any shareholder of the Issuer, full information regarding the number of securities sold at each separate price within the range set forth in this footnote. |
| 3 | Derivative | Restricted Stock Units | 2023-06-11 | M | D | 2,436 | $0.00 | 17,057 | D | — · — to — | 2,436 Class A Common Stock | (F3) 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. |