0001209191-23-058566.txt : 20231213
0001209191-23-058566.hdr.sgml : 20231213
20231213193334
ACCESSION NUMBER: 0001209191-23-058566
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231207
FILED AS OF DATE: 20231213
DATE AS OF CHANGE: 20231213
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Wagner Jonathan Miles
CENTRAL INDEX KEY: 0001880369
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40926
FILM NUMBER: 231485263
MAIL ADDRESS:
STREET 1: C/O VIVID SEATS INC.
STREET 2: 111 N. CANAL STREET, SUITE 800
CITY: CHICAGO
STATE: IL
ZIP: 60606
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Vivid Seats Inc.
CENTRAL INDEX KEY: 0001856031
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
IRS NUMBER: 863355184
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 24 E. WASHINGTON STREET
STREET 2: STE. 900
CITY: CHICAGO
STATE: IL
ZIP: 60602
BUSINESS PHONE: 312-291-9966
MAIL ADDRESS:
STREET 1: 24 E. WASHINGTON STREET
STREET 2: STE. 900
CITY: CHICAGO
STATE: IL
ZIP: 60602
4
1
doc4.xml
FORM 4 SUBMISSION
X0508
4
2023-12-07
0
0001856031
Vivid Seats Inc.
SEAT
0001880369
Wagner Jonathan Miles
C/O VIVID SEATS INC.
24 E. WASHINGTON STREET, SUITE 900
CHICAGO
IL
60602
0
1
0
0
Chief Technology Officer
0
Class A Common Stock
2023-12-11
4
M
0
10153
A
88416
D
Class A Common Stock
2023-12-12
4
S
0
2915
6.95
D
85501
D
Stock Option
15.00
2023-12-07
4
D
0
110273
D
2031-10-19
Class A Common Stock
110273
0
D
Stock Option
12.86
2023-12-07
4
D
0
110273
D
2031-10-19
Class A Common Stock
110273
0
D
Stock Option
12.86
2023-12-07
4
D
0
265252
D
2031-10-19
Class A Common Stock
265252
0
D
Stock Option
6.76
2023-12-07
4
A
0
265252
A
2031-10-19
Class A Common Stock
265252
265252
D
Stock Option
10.26
2023-12-07
4
D
0
313283
D
2032-03-11
Class A Common Stock
313283
0
D
Stock Option
6.76
2023-12-07
4
A
0
313283
A
2032-03-11
Class A Common Stock
313283
313283
D
Restricted Stock Units
2023-12-11
4
M
0
10153
0.00
D
Class A Common Stock
10153
50764
D
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A common stock.
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.
Represents the weighted average sale price of multiple transactions at prices ranging from $6.95 to $7.00 per share. The reporting person undertakes to provide, upon request of 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.
The stock option began vesting in 16 equal quarterly installments on January 19, 2022.
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.
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.
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.
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.
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.
/s/ Jonathan Miles Wagner
2023-12-13