Michael Z. Barkin - 27 Sep 2021 Form 4 Insider Report for VAIL RESORTS INC (MTN)

Role
EVP & Chief Financial Officer
Signature
Emily S. Barbara, Attorney-in-Fact for Michael Z. Barkin
Issuer symbol
MTN
Transactions as of
27 Sep 2021
Net transactions value
-$2,481,002
Form type
4
Filing time
29 Sep 2021, 16:57:19 UTC
Previous filing
28 Sep 2021
Next filing
15 Dec 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 +957 +5.4% $0.000000 18,745 27 Sep 2021 Direct
transaction MTN Common Stock Tax liability $144,828 -421 -2.2% $344.01 18,324 27 Sep 2021 Direct F1
transaction MTN Common Stock Options Exercise $447,834 +4,169 +23% $107.42 22,493 27 Sep 2021 Direct
transaction MTN Common Stock Tax liability $897,631 -2,542 -11% $353.12 19,951 27 Sep 2021 Direct F2
transaction MTN Common Stock Options Exercise $401,400 +2,500 +13% $160.56 22,451 27 Sep 2021 Direct
transaction MTN Common Stock Tax liability $613,016 -1,736 -7.7% $353.12 20,715 27 Sep 2021 Direct F2
transaction MTN Common Stock Sale $479,617 -1,391 -6.7% $344.80 19,324 27 Sep 2021 Direct F3
transaction MTN Common Stock Sale $345,910 -1,000 -5.2% $345.91 18,324 27 Sep 2021 Direct F4

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 Restricted Share Unit Options Exercise $0 -957 -100% $0.000000* 0 27 Sep 2021 Common Stock 957 $0.000000 Direct F5
transaction MTN Share Appreciation Right Options Exercise $447,834 -4,169 -100% $107.42 0 27 Sep 2021 Common Stock 4,169 $107.42 Direct F6
transaction MTN Share Appreciation Right Options Exercise $401,400 -2,500 -29% $160.56 6,198 27 Sep 2021 Common Stock 2,500 $160.56 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 421 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 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.
F3 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $344.31 to $345.01, 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 The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $345.42 to $346.41, 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.
F5 On September 27, 2018, Reporting Person was granted 2,872 RSUs, which vested in three equal installments beginning on September 27, 2019.
F6 On September 25, 2015, Reporting Person was granted 13,169 Share Appreciation Rights, which vested in three equal installments beginning on September 25, 2016.
F7 On September 23, 2016, Reporting Person was granted 8,698 Share Appreciation Rights, which vested in three equal installments beginning on September 23, 2017.