VAIL RESORTS INC — Director's Dealing 2020

Sep 29, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VAIL RESORTS INC (MTN)
CIK: 0000812011
Period of Report: 2020-09-25

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-25	Common Stock	M	556	—	Acquired	6920	Direct
2020-09-25	Common Stock	F	162	$225.26	Disposed	6758	Direct
2020-09-27	Common Stock	M	494	—	Acquired	7252	Direct
2020-09-27	Common Stock	F	218	$225.26	Disposed	7034	Direct
2020-09-27	Common Stock	M	379	—	Acquired	7413	Direct
2020-09-27	Common Stock	F	151	$225.26	Disposed	7262	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-25	Restricted Share Unit	$0.0	A	1643	Acquired		Common Stock (1643.0)	Direct
2020-09-25	Share Appreciation Right	$225.26	A	6645	Acquired	2030-09-25	Common Stock (6645.0)	Direct
2020-09-25	Restricted Share Unit	$0.0	M	556	Disposed		Common Stock (556.0)	Direct
2020-09-27	Restricted Share Unit	$0.0	M	494	Disposed		Common Stock (494.0)	Direct
2020-09-27	Restricted Share Unit	$0.0	M	379	Disposed		Common Stock (379.0)	Direct

Footnotes

F1: 162 shares of common stock were withheld from the issuance of common stock to Reporting Person upon vesting of Restricted Share Units (RSUs) in order to satisfy the Reporting Person's obligations for payment of withholding and other taxes due in connection therewith.

F2: 218 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: 151 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.

F4: On September 25, 2020, Reporting Person was granted 1,643 RSUs, which vest in three equal annual installments beginning on September 25, 2021.

F5: On September 25, 2020, Reporting Person was granted 6,645 Share Appreciation Rights, which vest in three equal annual installments beginning on September 25, 2021.

F6: On September 25, 2019, Reporting Person was granted 1,668 RSUs, which vest in three equal annual installments beginning on September 25, 2020.

F7: On September 27, 2018, Reporting Person was granted 1,482 RSUs, which vest in three equal annual installments beginning on September 27, 2019.

F8: On September 27, 2017, Reporting Person was granted 1,138 RSUs, which vested in three equal annual installments beginning on September 27, 2018.