Banczak John 4
4 · Vacasa, Inc. · Filed Mar 1, 2023
Insider Transaction Report
Form 4
Vacasa, Inc.VCSA
Banczak John
Chief Operating Officer
Transactions
- Award
Performance Stock Unit
2023-02-27+355,450→ 355,450 total→ Class A Common Stock (355,450 underlying) - Award
Class A Common Stock
2023-02-27+355,450→ 3,103,303 total
Holdings
- 1,275,539(indirect: By Trust)
Class A Common Stock
Footnotes (3)
- [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.