John Banczak - Feb 27, 2023 Form 4 Insider Report for Vacasa, Inc. (VCSA)

Role
Chief Operating Officer
Signature
/s/ Jamie Cohen, Attorney-in-Fact for John Banczak
Stock symbol
VCSA
Transactions as of
Feb 27, 2023
Transactions value $
$0
Form type
4
Date filed
3/1/2023, 06:37 PM
Previous filing
Feb 8, 2023
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VCSA Class A Common Stock Award $0 +355K +12.94% $0.00 3.1M Feb 27, 2023 Direct F1
holding VCSA Class A Common Stock 1.28M Feb 27, 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
transaction VCSA Performance Stock Unit Award $0 +355K $0.00 355K Feb 27, 2023 Class A Common Stock 355K 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 25% vesting on February 20, 2024 and 1/16th vesting in quarterly installments beginning on May 20, 2024. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 Each performance stock 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 February 20, 2023 and ending on February 20, 2027, subject to satisfying certain service-based conditions. The award will vest, if at all, as to 25% of the total number of such PSUs on February 20, 2024 and as to an additional 1/16th of such PSUs in equal quarterly installments thereafter based on continued service and the Issuer's stock price exceeding certain thresholds. Any portion of the award that has not been earned by February 20, 2027 will be forfeited.