Mossytree Inc. - 26 Dec 2023 Form 4 Insider Report for Vacasa, Inc. (VCSA)

Role: 10%+ Owner
Signature: /s/ Charles Bolland
Issuer symbol: VCSA
Transactions as of: 26 Dec 2023
Net transactions value: -$119,850
Form type: 4
Filing time: 28 Dec 2023, 16:15:59 UTC
Previous filing: 22 Dec 2023
Next filing: 03 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VCSA	Class A Common Stock	Options Exercise	$0	+100,000	+435%	$0.000000	123,006	26 Dec 2023	Held through Mossytree Inc.	F1, F2
transaction	VCSA	Class A Common Stock	Sale	$40,500	-5,000	-4.1%	$8.10	118,006	26 Dec 2023	Held through Mossytree Inc.	F2
transaction	VCSA	Class A Common Stock	Sale	$39,650	-5,000	-4.2%	$7.93	113,006	27 Dec 2023	Held through Mossytree Inc.	F2
transaction	VCSA	Class A Common Stock	Sale	$39,700	-5,000	-4.4%	$7.94	108,006	28 Dec 2023	Held through Mossytree Inc.	F2

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	Vacasa Holdings Units	Options Exercise	$0	-100,000	-3.7%	$0.000000	2,592,758	26 Dec 2023	Class A Common Stock	100,000		Held through Mossytree Inc.	F1, F2

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

Explanation of Responses:

Id	Content
F1	The term "Vacasa Holdings Units" is used herein to represent limited liability company units of Vacasa Holdings LLC and an equal number of paired shares of Class B common stock of the Issuer, which, pursuant to the limited liability company agreement of Vacasa Holdings LLC, are together redeemable by the holder on a one-for-one basis for, at the option of the Issuer (i) a share of Class A common stock, subject to conversion rate adjustments for stock splits, stock dividends, reclassification and other similar transactions or (ii) an equivalent amount of cash. Upon the redemption of the units, the Issuer cancelled and retired for no consideration an equivalent number of shares of Class B common stock and Vacasa Holdings LLC registered the Issuer as the owner of the redeemed units. Shares of Class B common stock of the Issuer have no economic rights and each share of Class B common stock entitles its holder to 1 vote per share.
F2	Eric Breon is the President of Mossytree Inc. As a result, Mr. Breon may be deemed to share beneficial ownership of the shares held directly by Mossytree Inc.

Content

The term "Vacasa Holdings Units" is used herein to represent limited liability company units of Vacasa Holdings LLC and an equal number of paired shares of Class B common stock of the Issuer, which, pursuant to the limited liability company agreement of Vacasa Holdings LLC, are together redeemable by the holder on a one-for-one basis for, at the option of the Issuer (i) a share of Class A common stock, subject to conversion rate adjustments for stock splits, stock dividends, reclassification and other similar transactions or (ii) an equivalent amount of cash. Upon the redemption of the units, the Issuer cancelled and retired for no consideration an equivalent number of shares of Class B common stock and Vacasa Holdings LLC registered the Issuer as the owner of the redeemed units. Shares of Class B common stock of the Issuer have no economic rights and each share of Class B common stock entitles its holder to 1 vote per share.

Eric Breon is the President of Mossytree Inc. As a result, Mr. Breon may be deemed to share beneficial ownership of the shares held directly by Mossytree Inc.