Chad M. Cohen - Apr 30, 2025 Form 4 Insider Report for Vacasa, Inc. (VCSA)

Role: Director
Signature: By: /s/ Rebecca Boyden, Attorney-in-Fact
Stock symbol: VCSA
Transactions as of: Apr 30, 2025
Transactions value $: $0
Form type: 4
Date filed: 5/1/2025, 04:15 PM
Previous filing: May 23, 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	Conversion of derivative security		+8.16K	+26.85%		38.5K	Apr 30, 2025	Direct	F1, F2
transaction	VCSA	Class A Common Stock	Disposed to Issuer		-38.5K	-100%		0	Apr 30, 2025	Direct	F1, F3

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 Employee Holdings LLC Interests	Conversion of derivative security		-8.16K	-100%		0	Apr 30, 2025	Vacasa Holdings Units	8.16K		Direct	F1, F2
transaction	VCSA	Vacasa Holdings Units	Conversion of derivative security		+8.16K			8.16K	Apr 30, 2025	Class A Common Stock	8.16K		Direct	F1, F2
transaction	VCSA	Vacasa Holdings Units	Conversion of derivative security		-8.16K	-100%		0	Apr 30, 2025	Class A Common Stock	8.16K		Direct	F1, F2

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

Chad M. Cohen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Pursuant to that certain Agreement and Plan of Merger, dated December 30, 2024 and amended on March 17, 2025 and March 28, 2025 (as amended to date, the "Merger Agreement"), by and among the Issuer, Vacasa Holdings LLC, Casago Holdings, LLC ("Parent"), Vista Merger Sub II Inc., a wholly owned subsidiary of Parent ("Company Merger Sub"), and Vista Merger Sub LLC, a wholly owned subsidiary of Parent ("LLC Merger Sub" and together with Company Merger Sub, "Merger Subs"), LLC Merger Sub merged with and into Vacasa Holdings LLC with Vacasa Holdings LLC surviving such merger as a subsidiary of Parent (the "LLC Merger"), and immediately after the LLC Merger, Company Merger Sub merged with and into the Issuer (the "Issuer Merger" and, together with the LLC Merger, the "Mergers"), with the Issuer surviving such merger as a wholly owned subsidiary of Parent and Vacasa Holdings LLC indirectly becoming a wholly owned subsidiary of Parent.
F2	Immediately prior to the LLC Merger, the Common Units of Vacasa Holdings LLC were redeemed pursuant to which such Common Units and such shares of Class B Common Stock were exchanged for shares of Class A Common Stock in accordance with the Vacasa LLC Agreement. The newly issued shares of Class A Common Stock are entitled to the Merger Consideration (as defined below).
F3	Upon consummation of the Company Merger, each (i) outstanding share of Class A Common Stock was automatically converted into the right to receive $5.30 in cash (the "Merger Consideration") and (ii) outstanding award of restricted stock units automatically converted into the right to receive the product of (a) the aggregate number of shares of Class A Common Stock underlying such award and (b) the Merger Consideration, subject to applicable vesting terms.