Eric Breon - 26 Aug 2022 Form 4 Insider Report for Vacasa, Inc. (VCSA)

Role: Director, 10%+ Owner
Signature: By: /s/ Lisa Jurinka, Attorney-in-Fact for Eric Breon
Issuer symbol: VCSA
Transactions as of: 26 Aug 2022
Net transactions value: -$10,556,084
Form type: 4
Filing time: 30 Aug 2022, 19:26:59 UTC
Previous filing: 13 Jun 2022
Next filing: 01 Sep 2022
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	$1,359,074	+510,930	+1503%	$2.66^*	544,929	26 Aug 2022	Direct
transaction	VCSA	Class A Common Stock	Tax liability	$1,663,850	-341,653	-63%	$4.87^*	203,276	26 Aug 2022	Direct
transaction	VCSA	Class A Common Stock	Sale	$41,965	-7,918	-0.2%	$5.30^*	4,044,971	26 Aug 2022	Held through Mossytree Inc.	F1, F2
transaction	VCSA	Class A Common Stock	Sale	$5,340,000	-1,200,000	-30%	$4.45^*	2,844,971	29 Aug 2022	Held through Mossytree Inc.	F2, F3
transaction	VCSA	Class A Common Stock	Sale	$3,510,269	-866,733	-30%	$4.05^*	1,978,238	30 Aug 2022	Held through Mossytree Inc.	F2, F4

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	Stock Appreciation Rights	Options Exercise	$1,359,074	-510,930	-100%	$2.66^*	0	26 Aug 2022	Class A Common Stock	510,930		Direct	F5

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

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at prices ranging from $5.26 to $5.31. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
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.
F3	This transaction was executed in multiple trades at prices ranging from $4.20 to $4.94. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4	This transaction was executed in multiple trades at prices ranging from $4.00 to $4.42. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5	Upon exercise, each stock appreciation right will be settled for a number of the Issuer's Class A Common Stock with an aggregate value equal to the difference between the base price of $2.66 and the trading price of a share of the Issuer's Class A Common Stock on the exercise date.