VAIL RESORTS INC — Director's Dealing 2015

Jun 18, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VAIL RESORTS INC (MTN)
CIK: 0000812011
Period of Report: 2015-06-17

Reporting Person: KATZ ROBERT A (Director, Chief Exec.Officer & Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-17	Common Stock	M	300000	$31.69	Acquired	460380	Direct
2015-06-17	Common Stock	F	187012	$105.59	Disposed	273368	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-06-17	Share Appreciation Right	$31.69	M	300000	Disposed	2016-02-28	Common Stock (300000)	Direct

Footnotes

F1: Shares of common stock were withheld from the issuance of common stock to the Reporting Person upon exercise in order to satisfy the Reporting Person's obligations for payment of the exercise price and withholding and other taxes due in connection therewith.

F2: The Share Appreciation Rights vested in three equal installments on February 28, 2007, 2008 and 2009.