Robert A. Katz - Jun 9, 2021 Form 4 Insider Report for VAIL RESORTS INC (MTN)

Role
Chief Exec.Officer & Chairman, Director
Signature
Emily S. Barbara, Attorney-in-Fact for Robert A. Katz
Stock symbol
MTN
Transactions as of
Jun 9, 2021
Transactions value $
-$35,035,030
Form type
4
Date filed
6/11/2021, 04:17 PM
Next filing
Jun 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTN Common Stock Options Exercise $5.44M +101K +38.31% $54.07* 363K Jun 9, 2021 Direct
transaction MTN Common Stock Tax liability -$17.1M -53.4K -14.71% $319.94 310K Jun 9, 2021 Direct F1
transaction MTN Common Stock Options Exercise $6.8M +101K +32.48% $67.59 410K Jun 9, 2021 Direct
transaction MTN Common Stock Tax liability -$17.9M -56.1K -13.67% $319.94 354K Jun 9, 2021 Direct F1

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 Options Exercise -$5.44M -101K -100% $54.07* 0 Jun 9, 2021 Common Stock 101K $54.07 Direct F2
transaction MTN Share Appreciation Right Options Exercise -$6.8M -101K -100% $67.59 0 Jun 9, 2021 Common Stock 101K $67.59 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock were withheld from the issuance of common stock to the Reporting Person upon exercise in order to satisfy the Reporting Person's obligations for payment of the exercise price andwithholding and other taxes due in connection therewith.
F2 On September 21, 2012, Reporting Person was granted 100,583 Share Appreciation Rights which vested in three equal annual installments beginning on September 21, 2013.
F3 On September 21, 2012, Reporting Person was granted 100,583 Share Appreciation Rights which vested in three equal annual installments beginning on September 21, 2013.