VAIL RESORTS INC — Director's Dealing 2016

Sep 27, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VAIL RESORTS INC (MTN)
CIK: 0000812011
Period of Report: 2016-09-23

Reporting Person: Siurek Ryan H (VP, Controller & CAO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-09-23	Restricted Share Unit	$0.0	A	326	Acquired		Common Stock (326.0)	Direct
2016-09-23	Share Appreciation Right	$160.56	A	3200	Acquired	2026-09-23	Common Stock (3200.0)	Direct

Footnotes

F1: On September 23, 2016, Reporting Person was granted 326 Restricted Stock Units, which vest in three equal annual installments beginning on September 23, 2017.

F2: On September 23, 2016, Reporting Person was granted 3,200 Share Appreciation Rights, which vest in three equal annual installments beginning on September 23, 2017.