Matthew Roberts - Feb 4, 2022 Form 4 Insider Report for Vacasa, Inc. (VCSA)

Role: Chief Executive Officer, Director
Signature: By: /s/ Lisa Jurinka, Attorney-in-Fact
Stock symbol: VCSA
Transactions as of: Feb 4, 2022
Transactions value $: $0
Form type: 4
Date filed: 2/8/2022, 06:02 PM
Previous filing: Dec 7, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VCSA	Class A Common Stock	Award	$0	+623K		$0.00	623K	Feb 4, 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	VCSA	Performance Stock Unit	Award	$0	+1.25M		$0.00	1.25M	Feb 4, 2022	Class A Common Stock	1.25M		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents an award of restricted stock units, or RSUs, with (i) 40% vesting in four equal quarterly installments beginning on April 20, 2022, (ii) 25% vesting in four equal quarterly installments beginning on April 20, 2023, (iii) 20% vesting in four equal quarterly installments beginning on April 20, 2024, and (iv) 15% vesting, with respect to (a) 23,350 RSUs in three quarterly installments beginning on April 20, 2025, and (b) 23,351 RSUs vesting on January 20, 2026. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2	Each performance right unit, or PSU, represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3	The PSUs vest based on the Issuer's stock price performance over a performance period beginning on the grant date and ending on January 20, 2026, subject to satisfying certain service-based conditions. The award will vest, if at all, in sixteen quarterly tranches beginning on April 20, 2022 based on continued service and the Issuer's stock price exceeding certain thresholds. Any portion of the award that has not been earned by January 20, 2026 will be forfeited.