AI assistant
VAIL RESORTS INC — Director's Dealing 2017
Oct 11, 2017
30973_dirs_2017-10-11_a08da5c2-23ac-4305-8cc7-08160be4bbba.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VAIL RESORTS INC (MTN)
CIK: 0000812011
Period of Report: 2017-10-09
Reporting Person: Barkin Michael Z (EVP & Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-10-09 | Common Stock | M | 1457 | $50.11 | Acquired | 14015 | Direct |
| 2017-10-09 | Common Stock | F | 799 | $216.56 | Disposed | 13216 | Direct |
| 2017-10-09 | Common Stock | M | 7891 | $54.07 | Acquired | 21107 | Direct |
| 2017-10-09 | Common Stock | F | 4729 | $216.56 | Disposed | 16378 | Direct |
| 2017-10-09 | Common Stock | M | 3651 | $60.67 | Acquired | 20029 | Direct |
| 2017-10-09 | Common Stock | F | 2248 | $216.56 | Disposed | 17781 | Direct |
| 2017-10-09 | Common Stock | M | 7500 | $68.98 | Acquired | 25281 | Direct |
| 2017-10-09 | Common Stock | F | 4770 | $216.56 | Disposed | 20511 | Direct |
| 2017-10-10 | Common Stock | S | 3771 | $216.23 | Disposed | 16740 | Direct |
| 2017-10-10 | Common Stock | S | 4182 | $216.84 | Disposed | 12558 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-10-09 | Share Appreciation Right | $50.11 | M | 1457 | Disposed | 2022-07-30 | Common Stock (1457.0) | Direct |
| 2017-10-09 | Share Appreciation Right | $54.07 | M | 7891 | Disposed | 2022-09-21 | Common Stock (7891.0) | Direct |
| 2017-10-09 | Share Appreciation Right | $60.67 | M | 3651 | Disposed | 2023-04-08 | Common Stock (3651.0) | Direct |
| 2017-10-09 | Share Appreciation Right | $68.98 | M | 7500 | Disposed | 2023-09-26 | Common Stock (7500.0) | 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.
F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $215.70 to $216.48, inclusive. The Reporting Person undertakes to provide Vail Resorts, Inc., any security holder of Vail Resorts, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $216.50 to $217.25, inclusive. The Reporting Person undertakes to provide Vail Resorts, Inc., any security holder of Vail Resorts, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4: The Share Appreciation Rights vested in three equal installments on July 30, 2013, 2014 and 2015.
F5: The Share Appreciation Rights vested in three equal installments on September 21, 2013, 2014 and 2015.
F6: The Share Appreciation Rights vested in three equal installments on April 8, 2014, 2015 and 2016.
F7: The Share Appreciation Rights vested in three equal installments on September 26, 2014, 2015 and 2016.