4//SEC Filing
Eldridge Industries, LLC 4
Accession 0000899243-22-025739
CIK 0001856031other
Filed
Jul 6, 8:00 PM ET
Accepted
Jul 7, 6:00 PM ET
Size
13.3 KB
Accession
0000899243-22-025739
Insider Transaction Report
Form 4
Vivid Seats Inc.SEAT
Boehly Todd L
Director10% Owner
Transactions
- Disposition to Issuer
Warrants (Rights to Acquire)
2022-07-05−5,166,666→ 6,519,791 total(indirect: See Footnotes)Exercise: $11.50→ Class A Common Stock (5,166,666 underlying) - Award
Class A Common Stock
2022-07-05+1,239,999→ 53,297,172 total(indirect: See Footnotes)
Eldridge Industries, LLC
10% Owner
Transactions
- Award
Class A Common Stock
2022-07-05+1,239,999→ 53,297,172 total(indirect: See Footnotes) - Disposition to Issuer
Warrants (Rights to Acquire)
2022-07-05−5,166,666→ 6,519,791 total(indirect: See Footnotes)Exercise: $11.50→ Class A Common Stock (5,166,666 underlying)
POST PORTFOLIO TRUST, LLC
10% Owner
Transactions
- Award
Class A Common Stock
2022-07-05+1,239,999→ 53,297,172 total(indirect: See Footnotes) - Disposition to Issuer
Warrants (Rights to Acquire)
2022-07-05−5,166,666→ 6,519,791 total(indirect: See Footnotes)Exercise: $11.50→ Class A Common Stock (5,166,666 underlying)
Horizon Sponsor, LLC
10% Owner
Transactions
- Award
Class A Common Stock
2022-07-05+1,239,999→ 53,297,172 total(indirect: See Footnotes) - Disposition to Issuer
Warrants (Rights to Acquire)
2022-07-05−5,166,666→ 6,519,791 total(indirect: See Footnotes)Exercise: $11.50→ Class A Common Stock (5,166,666 underlying)
Footnotes (3)
- [F1]Pursuant to the Prospectus/Offer to Exchange that is included in the Registration Statement on Form S-4, initially filed by the Issuer with the SEC on May 26, 2022, the Reporting Person tendered Warrants to acquire Class A common stock ("Class A Common") and received .24 shares of Class A Common per Warrant.
- [F2]With respect to the reported securities, Horizon Sponsor, LLC ("Sponsor") directly holds 16,789,999 of the reported shares of Class A Common and all of the reported warrants to acquire shares of Class A Common and Post Portfolio Trust, LLC ("Post Portfolio") directly holds 36,507,173 of the reported shares of Class A Common.
- [F3]Each of the Sponsor and Post Portfolio is indirectly controlled by Eldridge Industries, LLC. Todd L. Boehly is the indirect controlling member of Eldridge Industries, LLC and, in such capacity, may be deemed to have voting and dispositive power over the reported securities. Each of the foregoing persons disclaims beneficial ownership except to the extent of such person's pecuniary interest therein. Solely for purposes of Section 16 of the Securities and Exchange Act of 1934, Sponsor, Post Portfolio, and Eldridge Industries may be deemed directors by deputization with respect to the Issuer.
Documents
Issuer
Vivid Seats Inc.
CIK 0001856031
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001744219
Filing Metadata
- Form type
- 4
- Filed
- Jul 6, 8:00 PM ET
- Accepted
- Jul 7, 6:00 PM ET
- Size
- 13.3 KB