VAIL RESORTS INC — Director's Dealing 2019

Oct 1, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VAIL RESORTS INC (MTN)
CIK: 0000812011
Period of Report: 2019-09-27

Reporting Person: O'Donnell James C. (EVP, Hospitality, Retail & RE)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-27	Common Stock	M	379	—	Acquired	6124	Direct
2019-09-27	Common Stock	F	110	$236.98	Disposed	6014	Direct
2019-09-27	Common Stock	M	494	—	Acquired	6508	Direct
2019-09-27	Common Stock	F	144	$236.98	Disposed	6364	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-09-27	Restricted Share Unit	$0.0	M	379	Disposed		Common Stock (379.0)	Direct
2019-09-27	Restricted Share Unit	$0.0	M	494	Disposed		Common Stock (494.0)	Direct

Footnotes

F1: On September 27, 2017, Reporting Person was granted 1,138 Restricted Share Units ("RSUs"), which vested in three equal annual installments beginning on September 27, 2018.

F2: 110 shares of common stock were withheld from the issuance of common stock to Reporting Person upon vesting of RSUs in order to satisfy the Reporting Person's obligations for payment of withholding and other taxes due in connection therewith.

F3: On September 27, 2018, Reporting Person was granted 1,482 RSUs, which vest in three equal annual installments beginning on September 27, 2019.

F4: 144 shares of common stock were withheld from the issuance of common stock to Reporting Person upon vesting of RSUs in order to satisfy the Reporting Person's obligations for payment of withholding and other taxes due in connection therewith.