Eldridge Industries, LLC 4
4 · Vivid Seats Inc. · Filed Oct 6, 2022
Insider Transaction Report
Form 4
Vivid Seats Inc.SEAT
Eldridge Industries, LLC
10% Owner
Transactions
- Sale
Options (Obligation to Purchase)
2022-10-04−2,500,000→ 2,500,000 totalExercise: $9.77From: 2023-04-19Exp: 2023-04-19→ Class A Common Stock (2,500,000 underlying) - Other
Options (Obligation to Purchase)
2022-10-04+2,500,000→ 0 totalExercise: $9.77From: 2022-10-19Exp: 2022-10-19→ Class A Common Stock (2,500,000 underlying)
Footnotes (2)
- [F1]The reported transactions relate to the Options (Obligation to Purchase) reported on the Reporting Persons' Form 3, filed with the Securities & Exchange Commission (the "SEC") on October 18, 2021. The Option is an obligation of Eldridge Industries, LLC ("Eldridge"). On October 4, 2022, Eldridge agreed, for no consideration, to extend the exercise date of the Option until April 19, 2023, which may be deemed to be a cancellation of the original Option and the acquisition of a new one.
- [F2]Todd L. Boehly is the indirect controlling member of Eldridge and, in such capacity, may be deemed to have voting and dispositive power over the reported securities. Mr. Boehly disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. Solely for purposes of Section 16 of the Securities and Exchange Act of 1934, Eldridge may be deemed a director by deputization with respect to the Issuer.