Form 4 for SEAT Vivid Seats Inc.
Accepted 2023-12-13 00:00:00 ET · period of report 2023-12-07 · accession 0001209191-23-058559 · 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 | 2023-12-13 | 2023-12-11 | SEAT | Chia Stanley | CEO, Dir | M - OptEx | — | +26.4K | 309.8K | +9% | — |
| D | 2023-12-13 | 2023-12-11 | SEAT | Chia Stanley | CEO, Dir | M - OptEx | $0.00 | -26.4K | 132.0K | -17% | $0 |
| DM | 2023-12-13 | 2023-12-07 | SEAT | Chia Stanley | CEO, Dir | A - Grant | — | +1.48M | 663.1K | New | — |
| DM | 2023-12-13 | 2023-12-07 | SEAT | Chia Stanley | CEO, Dir | D - Sale to Iss | — | -2.03M | 0 | -100% | — |
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 | 2023-12-11 | M | A | 26,397 | — | 309,777 | D | — | — | (F1) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A common stock. |
| 2 | Derivative | Restricted Stock Units | 2023-12-11 | M | D | 26,397 | $0.00 | 131,987 | D | — · — to — | 26,397 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. (F7) 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 the RSUs will be fully vested on March 11, 2025. The RSUs do not have an expiration date. |
| 3 | Derivative | Stock Option | 2023-12-07 | A | A | 814,536 | — | 814,536 | D | $6.76 · — to 2032-03-11 | 814,536 Class A Common Stock | (F6) The reporting person agreed to cancellation of a stock option granted on March 11, 2022 in exchange for a new stock option having a lower exercise price, but otherwise identical terms. (F5) One-third of the stock option vested on March 11, 2023. The remainder of the stock option vests in equal quarterly installments such that the stock option will be fully vested on March 11, 2025. |
| 4 | Derivative | Stock Option | 2023-12-07 | A | A | 663,130 | — | 663,130 | D | $6.76 · — to 2031-10-19 | 663,130 Class A Common Stock | (F4) The reporting person agreed to cancellation of a stock option granted on October 19, 2021 in exchange for a new stock option having a lower exercise price, but otherwise identical terms. (F2) The stock option began vesting in 16 equal quarterly installments on January 19, 2022. |
| 5 | Derivative | Stock Option | 2023-12-07 | D | D | 663,130 | — | 0 | D | $12.86 · — to 2031-10-19 | 663,130 Class A Common Stock | (F4) The reporting person agreed to cancellation of a stock option granted on October 19, 2021 in exchange for a new stock option having a lower exercise price, but otherwise identical terms. (F2) The stock option began vesting in 16 equal quarterly installments on January 19, 2022. |
| 6 | Derivative | Stock Option | 2023-12-07 | D | D | 275,682 | — | 0 | D | $12.86 · — to 2031-10-19 | 275,682 Class A Common Stock | (F3) The stock option was cancelled by mutual agreement of the reporting person and the Issuer in connection with the other stock option cancellations and grants reported on this Form. (F2) The stock option began vesting in 16 equal quarterly installments on January 19, 2022. |
| 7 | Derivative | Stock Option | 2023-12-07 | D | D | 275,682 | — | 0 | D | $15.00 · — to 2031-10-19 | 275,682 Class A Common Stock | (F3) The stock option was cancelled by mutual agreement of the reporting person and the Issuer in connection with the other stock option cancellations and grants reported on this Form. (F2) The stock option began vesting in 16 equal quarterly installments on January 19, 2022. |
| 8 | Derivative | Stock Option | 2023-12-07 | D | D | 814,536 | — | 0 | D | $10.26 · — to 2032-03-11 | 814,536 Class A Common Stock | (F6) The reporting person agreed to cancellation of a stock option granted on March 11, 2022 in exchange for a new stock option having a lower exercise price, but otherwise identical terms. (F5) One-third of the stock option vested on March 11, 2023. The remainder of the stock option vests in equal quarterly installments such that the stock option will be fully vested on March 11, 2025. |