David T. Shapiro - 24 Sep 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
Issuer symbol
MTN
Transactions as of
24 Sep 2021
Net transactions value
-$165,721
Form type
4
Filing time
28 Sep 2021, 19:52:07 UTC
Next filing
29 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTN Common Stock Options Exercise $0 +831 +31% $0.000000 3,550 25 Sep 2021 Direct
transaction MTN Common Stock Tax liability $84,796 -241 -6.8% $351.85 3,309 25 Sep 2021 Direct F1
transaction MTN Common Stock Options Exercise $0 +795 +24% $0.000000 4,104 25 Sep 2021 Direct
transaction MTN Common Stock Tax liability $80,926 -230 -5.6% $351.85 3,874 25 Sep 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 +7,777 $0.000000 7,777 24 Sep 2021 Common Stock 7,777 $351.85 Direct F3
transaction MTN Restricted Share Unit Award $0 +2,264 $0.000000 2,264 24 Sep 2021 Common Stock 2,264 $0.000000 Direct F4
transaction MTN Restricted Share Unit Options Exercise $0 -831 -33% $0.000000 1,663 25 Sep 2021 Common Stock 831 $0.000000 Direct F5
transaction MTN Restricted Share Unit Options Exercise $0 -795 -50% $0.000000 795 25 Sep 2021 Common Stock 795 $0.000000 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.