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VAIL RESORTS INC Director's Dealing 2024

Oct 3, 2024

30973_dirs_2024-10-03_d31b1fe0-4c01-4335-b5ce-0e35b24ce109.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VAIL RESORTS INC (MTN)
CIK: 0000812011
Period of Report: 2024-10-01

Reporting Person: KATZ ROBERT A (Director, Exec. Chair of the Board)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-10-01 Common Stock M 18527 $107.42 Acquired 264488 Direct
2024-10-01 Common Stock F 14574 $173.07 Disposed 249914 Direct
2024-10-01 Common Stock M 42385 $134.28 Acquired 292299 Direct
2024-10-01 Common Stock F 37042 $173.07 Disposed 255257 Direct
2024-10-02 Common Stock S 6700 $175.69 Disposed 248557 Direct
2024-10-02 Common Stock S 2596 $176.73 Disposed 245961 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-10-01 Share Appreciation Right $107.42 M 18527 Disposed 2025-09-25 Common Stock (18527) Direct
2024-10-01 Share Appreciation Right $134.28 M 42385 Disposed 2025-09-25 Common Stock (42385) Direct

Footnotes

F1: 14,574 shares of common stock were withheld from the issuance of common stock to the Reporting Person upon exercise in order to satisfy the exercise price and Reporting Person's obligations for payment of the withholding and other taxes due in connection therewith.

F2: 37,042 shares of common stock were withheld from the issuance of common stock to the Reporting Person upon exercise in order to satisfy the exercise price and Reporting Person's obligations for payment of the withholding and other taxes due in connection therewith.

F3: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.08 to $176.07, 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 price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.19 to $176.92, 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.

F5: On September 25, 2015, Reporting Person was granted 18,527 Share Appreciation Rights ("SARs"), which vest in three equal annual installments beginning on September 25, 2016.

F6: On September 25, 2015, Reporting Person was granted 42,385 SARs, which vest in three equal annual installments beginning on September 25, 2016.