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VAIL RESORTS INC Director's Dealing 2016

Oct 4, 2016

30973_dirs_2016-10-04_cd6518ef-954c-4c0b-9dc5-15701e3d8658.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VAIL RESORTS INC (MTN)
CIK: 0000812011
Period of Report: 2016-09-30

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-09-30 Common Stock M 72428 $60.05 Acquired 334323 Direct
2016-09-30 Common Stock F 48548 $156.88 Disposed 285775 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-09-30 Share Appreciation Right $60.05 M 72428 Disposed 2017-09-25 Common Stock (72428.0) 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. Reporting Person is holding the net shares received in connection with the exercise.

F2: The Share Appreciation Rights vested in three equal installments on September 25, 2008, 2009 and 2010. Reporting Person is exercising the Share Appreciation Rights prior to the expiration date of September 25, 2017.