Hoya Topco, LLC 4
4 · Vivid Seats Inc. · Filed Jul 12, 2023
Insider Transaction Report
Form 4
Vivid Seats Inc.SEAT
Hoya Topco, LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2023-06-15+2,400,000→ 2,400,000 total - Sale
Class A Common Stock
2023-06-15$7.68/sh−2,400,000$18,432,000→ 0 total - Conversion
LLC Units of Hoya Intermediate, LLC
2023-06-15−2,400,000→ 99,800,000 total→ Class A Common Stock (2,400,000 underlying) - Other
Class B Common Stock
2023-06-15−2,400,000→ 105,800,000 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 (the "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.