$ Value
$0
Shares
2,304,513
Price
$0
Filed
Nov 3
Insider
Name
Hoya Topco, LLC
Title
—
CIK
0001668426
Roles
Transaction Details
Transaction Date
2025-10-31
Code
J
Table
Non-Derivative
Ownership
Direct
Equity Swap
No
Shares After
—
Footnotes
All information in this Form 4 reflects the impact of the Issuer's 1-for-20 reverse stock split on August 5, 2025. | Represents a pro-rata distribution in-kind by Hoya Topco, LLC to its members for no consideration. | Issued as consideration for the complete and full termination of all rights and obligations under the Tax Receivable Agreement, dated October 18, 2021 (as amended, restated, supplemented or otherwise modified from time to time, the "TRA"), other than certain terms thereof that will expressly survive. | Represents the cancellation for no consideration of shares of Class B Common Stock in connection with the exchange of LLC Units of Hoya Intermediate, LLC ("Intermediate Common Units") into shares of Class A Common Stock. | 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. | Pursuant to the terms of the Amended and Restated Corporation Warrant Agreements entered into between the Issuer, the Reporting Persons and the other parties thereto, the Reporting Person's warrants to purchase Class B Common Stock were canceled and converted into 100,000 warrants to purchase Class A Common Stock at $200 per share (the "$200 Class A Warrants") and 100,000 warrants to purchase Class A Common Stock at $300 per share (the "$300 Class A Warrants" and, together with the $200 Class A Warrants, the "Class A Warrants"). The Class A Warrants are presently exchangeable into shares of Class A Common Stock on a one-to-one basis at the discretion of the holder.
Filing Info
Hoya Topco, LLC's History
| Date | Ticker | Type | Value |
|---|---|---|---|
| 2025-10-31 | SEAT | A | — |
| 2025-10-31 | SEAT | C | $0 |
| 2025-10-31 | SEAT | J | $0 |
| 2025-10-31 | SEAT | J | $0 |
| 2025-10-31 | SEAT | C | $0 |
| 2025-10-31 | SEAT | J | — |
| 2025-10-31 | SEAT | J | — |
| 2025-10-31 | SEAT | J | — |
| 2025-10-30 | SEAT | J | $0 |
| 2025-10-30 | SEAT | J | $0 |
Other Insiders at SEAT (90d)
| Insider | Bought | Sold | Last |
|---|---|---|---|
|
Fey Lawrence
Chief Executive Officer
|
— | — | 2026-03-11 |
|
Pickus Edward
Chief Accounting Officer
|
— | — | 2026-03-11 |
|
Langenbacher Stefano
Chief Technology Officer
|
— | — | 2026-03-11 |
|
Arnett Austin
General Counsel
|
— | $1K | 2026-03-12 |
|
Thomas Joseph D. Jr.
Chief Financial Officer
|
— | — | 2026-03-13 |