UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest event reported): October 14, 2022
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Vacasa, Inc.
(Exact name of registrant as specified in its charter)
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Delaware (State or other jurisdiction of incorporation or organization) | 001-41130
(Commission File Number) | 87-1995316
(I.R.S. Employer Identification No.) |
850 NW 13th Avenue Portland, OR 97209 |
| (Address of principal executive offices) (Zip Code) |
| (503) 345-9399 |
| (Registrant's telephone number, including area code) |
| Not Applicable |
| (Former name or former address, if changed since last report) |
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| | | | | |
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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| Securities registered pursuant to Section 12(b) of the Act: |
| Title of each class | Trading Symbol | Name of each exchange on which registered |
| Class A Common Stock, par value $0.00001 per share | VCSA | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 14, 2022, the Board of Directors (the “Board”) of Vacasa, Inc. (the “Company”) appointed Craig Smith, currently the Company’s Chief Operating Officer, to the position of Chief Commercial Officer, effective immediately. Mr. Smith will no longer serve as the Company’s Chief Operating Officer, effective immediately.
Mr. Smith, age 47, joined Vacasa Holdings LLC (“Vacasa Holdings”) as its Chief Operating Officer in April 2021 and has served as the Company’s Chief Operating Officer since August 2021. Mr. Smith previously served as a director of Angi Inc. (“Angi”) from November 2018 through December 2020 and as President and Chief Operating Officer from September 2017 through December 2020. Previously, Mr. Smith served as President and Chief Operating Officer of HomeAdvisor (US) (“HomeAdvisor”) from July 2000 through its 2017 merger with Angi. Prior to joining HomeAdvisor, Mr. Smith worked as an investment analyst for the El Pomar Foundation from June 1997 to July 2000. Mr. Smith holds a BS in Finance from the University of Colorado at Colorado Springs.
Item 7.01. Regulation FD Disclosure.
On October 14, 2022, the Board appointed John Banczak, currently the Company’s Chief Strategy Officer, to the position of Chief Operating Officer, effective immediately, to oversee the field and central operations teams. Additionally, Michael Xenakis, currently the Company’s Chief Product Officer, will be departing the Company at the end of October and Michael Dodson, currently the Company’s Chief Revenue Officer, will be departing from the Company in early November. Rob Greyber, the Company’s Chief Executive Officer, will assume the role of interim Chief Product Officer. Craig Smith will assume Michael Dodson's responsibilities following his departure.
The information contained or incorporated in this Item 7.01 is being furnished, and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| VACASA, INC. |
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| By: | /s/ Lisa Jurinka |
| Name: | Lisa Jurinka |
| Title: | Chief Legal Officer and Secretary |
Date: October 14, 2022
