Hoya Topco, LLC 4
4 · Vivid Seats Inc. · Filed May 24, 2023
Insider Transaction Report
Form 4
Vivid Seats Inc.SEAT
Hoya Topco, LLC
10% Owner
Transactions
- Other
Class B Common Stock
2023-05-22−16,000,000→ 108,200,000 total - Conversion
LLC Units of Hoya Intermediate, LLC
2023-05-22−16,000,000→ 102,200,000 total→ Class A Common Stock (16,000,000 underlying) - Sale
Class A Common Stock
2023-05-22$7.68/sh−16,000,000$122,880,000→ 0 total - Conversion
Class A Common Stock
2023-05-22+16,000,000→ 16,000,000 total
Footnotes (2)
- [F1]Reflects the cancellation for no consideration of Class B Common Stock in connection with the conversion of the LLC Units of Hoya Intermediate, LLC ("Intermediate Common Units") into Class A Common Stock.
- [F2]The Intermediate Common Units and an equal number of shares of Class B Common Stock together are exchangeable for shares of Class A Common Stock on a one-for-one basis at the discretion of the holder, subject to certain exceptions, conditions and adjustments, and have no expiration date.