4//SEC Filing
Eldridge Industries, LLC 4
Accession 0000899243-23-011553
CIK 0001856031other
Filed
Apr 20, 8:00 PM ET
Accepted
Apr 21, 5:00 PM ET
Size
14.7 KB
Accession
0000899243-23-011553
Insider Transaction Report
Form 4
Vivid Seats Inc.SEAT
Eldridge Industries, LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2023-04-19$9.77/sh+2,500,000$24,425,000→ 54,281,557 total(indirect: See Footnotes) - Conversion
Options (Obligation to Purchase)
2023-04-19−2,500,000→ 0 totalExercise: $9.77From: 2023-04-19Exp: 2023-04-19→ Class A Common Stock (2,500,000 underlying)
Boehly Todd L
Director10% Owner
Transactions
- Conversion
Class A Common Stock
2023-04-19$9.77/sh+2,500,000$24,425,000→ 54,281,557 total(indirect: See Footnotes) - Conversion
Options (Obligation to Purchase)
2023-04-19−2,500,000→ 0 totalExercise: $9.77From: 2023-04-19Exp: 2023-04-19→ Class A Common Stock (2,500,000 underlying)
POST PORTFOLIO TRUST, LLC
10% Owner
Transactions
- Conversion
Options (Obligation to Purchase)
2023-04-19−2,500,000→ 0 totalExercise: $9.77From: 2023-04-19Exp: 2023-04-19→ Class A Common Stock (2,500,000 underlying) - Conversion
Class A Common Stock
2023-04-19$9.77/sh+2,500,000$24,425,000→ 54,281,557 total(indirect: See Footnotes)
Horizon Sponsor, LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2023-04-19$9.77/sh+2,500,000$24,425,000→ 54,281,557 total(indirect: See Footnotes) - Conversion
Options (Obligation to Purchase)
2023-04-19−2,500,000→ 0 totalExercise: $9.77From: 2023-04-19Exp: 2023-04-19→ Class A Common Stock (2,500,000 underlying)
SBT Investors LLC
10% Owner
Transactions
- Conversion
Class A Common Stock
2023-04-19$9.77/sh+2,500,000$24,425,000→ 54,281,557 total(indirect: See Footnotes) - Conversion
Options (Obligation to Purchase)
2023-04-19−2,500,000→ 0 totalExercise: $9.77From: 2023-04-19Exp: 2023-04-19→ Class A Common Stock (2,500,000 underlying)
Footnotes (2)
- [F1]The reported securities are held as follows: (i) Horizon Sponsor, LLC ("Sponsor") directly holds 16,789,999 of the reported shares of Class A Common Stock ("Class A Shares"), (ii) Post Portfolio Trust, LLC ("Post Portfolio") directly holds 24,552,096 Class A Shares, (iii) SBT Investors, LLC ("SBT") directly holds 10,101,009 Class A Shares and indirectly holds 333,564 Class A Shares through EEH 2017, LLC, (iv) Todd L. Boehly directly holds 4,889 Class A Shares and (v) Parkville Portfolio Trust, LLC ("Parkville"), an indirect subsidiary of Eldridge Industries, LLC ("Eldridge") directly holds 2,500,000 Class A Shares .
- [F2]Each of the Sponsor, Post Portfolio and Parkville is indirectly controlled by Eldridge. Todd L. Boehly is the controlling member of SBT and indirect controlling member of Eldridge and, in such capacities, 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 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
- Apr 20, 8:00 PM ET
- Accepted
- Apr 21, 5:00 PM ET
- Size
- 14.7 KB