secwatch.observer — SEC 8-K summary
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Issuer:     Vivid Seats Inc. (SEAT)
CIK:        0001856031
Form:       8-K
Filed at:   2023-12-13T23:59:59+00:00
Accession:  0001193125-23-294440
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Vivid Seats reprices executive options to $6.76; cancels $12.86-$15.00 options
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856031/000119312523294440/0001193125-23-294440-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856031/000119312523294440/d501549d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-294440

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer