Gregory Jon Sullivan - 24 Sep 2021 Form 4 Insider Report for VAIL RESORTS INC (MTN)

Signature
Emily S. Barbara, Attorney-in-Fact for Gregory J. Sullivan
Issuer symbol
MTN
Transactions as of
24 Sep 2021
Net transactions value
-$21,111
Form type
4
Filing time
28 Sep 2021, 19:53:48 UTC
Previous filing
15 Jun 2021
Next filing
29 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTN Common Stock Options Exercise $0 +95 +29% $0.000000 423 25 Sep 2021 Direct
transaction MTN Common Stock Tax liability $9,500 -27 -6.4% $351.85 396 25 Sep 2021 Direct F1
transaction MTN Common Stock Options Exercise $0 +97 +24% $0.000000 493 25 Sep 2021 Direct
transaction MTN Common Stock Tax liability $11,611 -33 -6.7% $351.85 460 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 +1,896 $0.000000 1,896 24 Sep 2021 Common Stock 1,896 $351.85 Direct F3
transaction MTN Restricted Share Unit Award $0 +552 $0.000000 552 24 Sep 2021 Common Stock 552 $0.000000 Direct F4
transaction MTN Restricted Share Unit Options Exercise $0 -95 -33% $0.000000 192 25 Sep 2021 Common Stock 95 $0.000000 Direct F5
transaction MTN Restricted Share Unit Options Exercise $0 -97 -50% $0.000000 97 25 Sep 2021 Common Stock 97 $0.000000 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 27 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.
F2 33 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 1,896 Share Appreciation Rights, which vest in three equal installments beginning on September 24, 2022.
F4 On September 24, 2021, Reporting Person was granted 552 RSUs, which vest in three equal installments beginning on September 24, 2022.
F5 On September 25, 2020, Reporting Person was granted 287 RSUs, which vest in three equal installments beginning on September 25, 2021.
F6 On September 25, 2019, Reporting Person was granted 291 RSUs, which vest in three equal installments beginning on September 25, 2020.