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: Shapiro David T (EVP, General Counsel & Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-27	Common Stock	M	541	—	Acquired	965	Direct
2019-09-27	Common Stock	F	157	$236.98	Disposed	808	Direct
2019-09-27	Common Stock	M	680	—	Acquired	1488	Direct
2019-09-27	Common Stock	F	198	$236.98	Disposed	1290	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-09-27	Restricted Share Unit	$0.0	M	541	Disposed		Common Stock (541.0)	Direct
2019-09-27	Restricted Share Unit	$0.0	M	680	Disposed		Common Stock (680.0)	Direct

Footnotes

F1: On September 27, 2017, Reporting Person was granted 1,623 Restricted Share Units ("RSUs"), which vested in three equal annual installments beginning on September 27, 2018.

F2: 157 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 2,038 RSUs, which vest in three equal annual installments beginning on September 27, 2019.

F4: 198 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.