Form 4: Vacasa Director Karl Peterson Reports Beneficial Ownership Changes Following Merger
SEC Form 4 Filing
Director Karl Peterson reports changes in beneficial ownership of Vacasa, Inc. stock following the completion of a merger, where Class A Common Stock was converted to $5.30 cash per share.
Summary
- Karl Peterson, a director of Vacasa, Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- The filing is triggered by the completion of a merger on April 30, 2025, where Vacasa Holdings LLC merged with Vista Merger Sub LLC, and subsequently, Vacasa, Inc. merged with Vista Merger Sub II Inc.
- As a result of the merger, each outstanding share of Class A Common Stock was converted into the right to receive $5.30 in cash.
- Peterson's direct holdings of Class A Common Stock decreased from 30,380 shares to 0 shares.
- His indirect holdings also decreased from 79,532 shares to 0 shares.
- The shares were held through a personal investment vehicle.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to a merger. It doesn't convey any particularly positive or negative sentiment.
Future Outlook
The document does not contain any forward-looking statements.
Industry Context
This filing reflects the completion of a merger transaction, which is a common occurrence in the corporate world. The conversion of shares to cash is a typical outcome of such mergers, providing shareholders with a defined exit value.
Stakeholder Impact
- Shareholders received $5.30 in cash for each share of Class A Common Stock.
Key Dates
| Date | Description |
|---|---|
| December 30, 2024 | Date of the original Merger Agreement. |
| March 17, 2025 | Date of amendment to the Merger Agreement. |
| March 28, 2025 | Date of amendment to the Merger Agreement. |
| April 30, 2025 | Date of the merger completion and the transaction date for the reported changes in beneficial ownership. |
| May 01, 2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Merger, Vacasa, VCSA, Karl Peterson, Director
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