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

Role
EVP & Chief Marketing Officer
Signature
Emily Barbara, Attorney-in-Fact for Kirsten A. Lynch
Stock symbol
MTN
Transactions as of
Jun 9, 2021
Transactions value $
-$4,951,770
Form type
4
Date filed
6/11/2021, 04:19 PM
Next filing
Sep 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTN Common Stock Options Exercise $1.34M +15.4K +72.28% $87.18 36.6K Jun 9, 2021 Direct
transaction MTN Common Stock Tax liability -$2.92M -9.02K -24.63% $323.73 27.6K Jun 9, 2021 Direct F1
transaction MTN Common Stock Sale -$1.78M -5.55K -20.09% $320.34 22K Jun 9, 2021 Direct F2
transaction MTN Common Stock Sale -$257K -799 -3.62% $321.32 21.3K Jun 9, 2021 Direct F3

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 -$1.34M -15.4K -100% $87.18 0 Jun 9, 2021 Common Stock 15.4K $87.18 Direct F4
* 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 and withholding and other taxes due in connection therewith.
F2 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $320.00 to $320.98, 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.
F3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $321.00 to $321.74, 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 On September 23, 2014, Reporting Person was granted 15,360 Share Appreciation Rights which vested in three equal annual installments beginning on September 23, 2015.