Form 4: Level Equity Associates Converts Vacasa Holdings Units into Class A Common Stock

Level Equity Associates, a significant shareholder in Vacasa, Inc., converted 1,342,456 Vacasa Holdings Units into an equal number of Class A Common Stock shares on March 11, 2025.

Summary

• On March 11, 2025, Level Equity Associates converted 1,342,456 Vacasa Holdings Units into 1,342,456 shares of Class A common stock.
• This transaction involved multiple Level Equity entities, including Level Equity Associates, LLC, Level Equity Associates II, LLC, Level Equity Associates IV, LLC, and Level Equity Management, LLC.
• Following the transaction, Level Equity Associates beneficially owns 1,668,689 shares of Class A Common Stock indirectly.
• The Vacasa Holdings Units are limited liability company units of Vacasa Holdings LLC paired with Class B common stock, redeemable for Class A Common Stock or an equivalent amount of cash at Vacasa's option.
• The reported numbers reflect the 1-for-20 reverse stock split effected by Vacasa on October 3, 2023.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock conversion, with no inherently positive or negative implications.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Key Dates