other material
confidence high
sentiment neutral
materiality 0.50
Vivid Seats reprices executive options to $6.76; cancels $12.86-$15.00 options
Vivid Seats Inc.
- Cancelled options: CEO 551,364, CFO 441,092, CTO 220,546 shares at $12.86-$15.00 exercise price.
- Repriced options: CEO 1,477,666, CFO 1,031,757, CTO 578,535 shares from $8.22-$12.86 to $6.76 per share.
- Post-termination exercise period extended: up to 6 years or 3 months after service end, with special provisions.