Vacasa Inc.
05/23/2024 | Press release | Distributed by Public on 05/23/2024 14:13
Submission of Matters to a Vote of Security Holders - Form 8-K
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As noted below under Item 5.07, at the 2024 Annual Meeting of Stockholders of Vacasa, Inc. (the "Company"), held on May 21, 2024 (the "Annual Meeting"), the Company's stockholders approved an amendment (the "Amendment") to the Vacasa, Inc. 2021 Incentive Award Plan, as previously amended and restated on May 23, 2023 (the "Plan"), which Amendment was approved by the Board of Directors of the Company on March 7, 2024, subject to the approval of the Company's stockholders.
The Amendment increases the number of shares of Class A Common Stock authorized for issuance under the Plan by 3.5 million shares.
A more detailed description of the material terms of the Amendment and the Plan was included in the Company's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 8, 2024 ("Proxy Statement"). The foregoing and the summaries in the Proxy Statement are not complete summaries of the terms of the Plan, as amended by the Amendment, and are qualified by reference to the text of the Plan, as amended by the Amendment, a copy of which is included as Exhibit 10.1 hereto and is incorporated herein by reference.