David T. Shapiro - Sep 24, 2021 Form 4 Insider Report for VAIL RESORTS INC (MTN)

Role
EVP, General Counsel & Sec.
Signature
Emily S. Barbara, Attorney-in-fact for David T. Shapiro
Stock symbol
MTN
Transactions as of
Sep 24, 2021
Transactions value $
-$165,721
Form type
4
Date filed
9/28/2021, 07:52 PM
Next filing
Sep 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTN Common Stock Options Exercise $0 +831 +30.56% $0.00 3.55K Sep 25, 2021 Direct
transaction MTN Common Stock Tax liability -$84.8K -241 -6.79% $351.85 3.31K Sep 25, 2021 Direct F1
transaction MTN Common Stock Options Exercise $0 +795 +24.03% $0.00 4.1K Sep 25, 2021 Direct
transaction MTN Common Stock Tax liability -$80.9K -230 -5.6% $351.85 3.87K Sep 25, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MTN Share Appreciation Right Award $0 +7.78K $0.00 7.78K Sep 24, 2021 Common Stock 7.78K $351.85 Direct F3
transaction MTN Restricted Share Unit Award $0 +2.26K $0.00 2.26K Sep 24, 2021 Common Stock 2.26K $0.00 Direct F4
transaction MTN Restricted Share Unit Options Exercise $0 -831 -33.32% $0.00 1.66K Sep 25, 2021 Common Stock 831 $0.00 Direct F5
transaction MTN Restricted Share Unit Options Exercise $0 -795 -50% $0.00 795 Sep 25, 2021 Common Stock 795 $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 241 shares of common stock were withheld from the issuance of common stock to Reporting Person upon vesting of Restricted Stock Units (RSUs) in order to satisfy the Reporting Person's obligations for payment of withholding and other taxes due in connection therewith.
F2 230 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 24, 2021, Reporting Person was granted 7,777 Share Appreciation Rights, which vest in three equal installments beginning on September 24, 2022.
F4 On September 24, 2021, Reporting Person was granted 2,264 RSUs, which vest in three equal installments beginning on September 24, 2022.
F5 On September 25, 2020, Reporting Person was granted 2,494 RSUs, which vest in three equal installments beginning on September 25, 2021.
F6 On September 25, 2019, Reporting Person was granted 2,384 RSUs, which vest in three equal installments beginning on September 25, 2020.