John Banczak - 06 Feb 2023 Form 3 Insider Report for Vacasa, Inc. (VCSA)

Role
Chief Operating Officer
Signature
/s/ Jamie Cohen, Attorney-in-Fact for John Banczak
Issuer symbol
VCSA
Transactions as of
06 Feb 2023
Net transactions value
$0
Form type
3
Filing time
08 Feb 2023, 18:32:50 UTC
Next filing
01 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VCSA Class A Common Stock 2,747,853 06 Feb 2023 Direct F1
holding VCSA Class A Common Stock 1,275,539 06 Feb 2023 By Trust

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
holding VCSA Performance Stock Unit 06 Feb 2023 Class A Common Stock 68,750 Direct F2, F3
holding VCSA Stock Option 06 Feb 2023 Class A Common Stock 343,439 $1.13 Direct F4
holding VCSA Stock Option 06 Feb 2023 Class A Common Stock 13,030 $1.07 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 83,789 restricted stock units, or RSUs, which vest in accordance with the terms of the underlying awards. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 The performance stock units, or PSUs, vest based on the Issuer's stock price performance over a performance period beginning on the grant date and ending on March 1, 2026, subject to satisfying certain service-based conditions. The award will vest, if at all, in sixteen quarterly tranches beginning on June 1, 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 March 1, 2026 will be forfeited.
F3 Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F4 The stock option vested with respect to 158,841 shares on December 6, 2021, and with respect to the remaining shares in 23 equal monthly installments thereafter.
F5 The stock option vested with respect to 4,756 shares on December 6, 2021, and with respect to the remaining shares in 28 substantially equal monthly installments thereafter.

Remarks:

Exhibit 24 Power of Attorney.