VAIL RESORTS INC — Director's Dealing 2013

Dec 4, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VAIL RESORTS INC (MTN)
CIK: 0000812011
Period of Report: 2013-12-02

Reporting Person: MEHRBERG RANDALL E (EVP & General Counsel)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-02	Restricted Share Unit	$0	A	1191	Acquired		Common Stock (1191)	Direct
2013-12-02	Restricted Share Unit	$0	A	9800	Acquired		Common Stock (9800)	Direct
2013-12-02	Share Appreciation Right	$74.28	A	10955	Acquired	2023-12-02	Common Stock (10955)	Direct

Footnotes

F1: On December 2, 2013, Reporting Person was granted 1,191 Restricted Share Units which vest in three equal annual installments beginning on December 2, 2014.

F2: On December 2, 2013, Reporting Person was granted 9,800 Restricted Share Units which vest in one installment on December 2, 2016.

F3: On December 2, 2013, Reporting Person was granted 10,955 Share Appreciation Rights which vest in three equal annual installments beginning on December 2, 2014.