Robert A. Katz - Oct 1, 2024 Form 4 Insider Report for VAIL RESORTS INC (MTN)

Signature
/s/ Lucy Jensen, Attorney-in-Fact for Robert A. Katz
Stock symbol
MTN
Transactions as of
Oct 1, 2024
Transactions value $
-$10,569,095
Form type
4
Date filed
10/3/2024, 04:32 PM
Previous filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTN Common Stock Options Exercise $1.99M +18.5K +7.53% $107.42 264K Oct 1, 2024 Direct
transaction MTN Common Stock Tax liability -$2.52M -14.6K -5.51% $173.07 250K Oct 1, 2024 Direct F1
transaction MTN Common Stock Options Exercise $5.69M +42.4K +16.96% $134.28 292K Oct 1, 2024 Direct
transaction MTN Common Stock Tax liability -$6.41M -37K -12.67% $173.07 255K Oct 1, 2024 Direct F2
transaction MTN Common Stock Sale -$1.18M -6.7K -2.62% $175.69 249K Oct 2, 2024 Direct F3
transaction MTN Common Stock Sale -$459K -2.6K -1.04% $176.73 246K Oct 2, 2024 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 Share Appreciation Right Options Exercise -$1.99M -18.5K -100% $107.42 0 Oct 1, 2024 Common Stock 18.5K $107.42 Direct F5
transaction MTN Share Appreciation Right Options Exercise -$5.69M -42.4K -100% $134.28 0 Oct 1, 2024 Common Stock 42.4K $134.28 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 14,574 shares of common stock were withheld from the issuance of common stock to the Reporting Person upon exercise in order to satisfy the exercise price and Reporting Person's obligations for payment of the withholding and other taxes due in connection therewith.
F2 37,042 shares of common stock were withheld from the issuance of common stock to the Reporting Person upon exercise in order to satisfy the exercise price and Reporting Person's obligations for payment of the 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 $175.08 to $176.07, 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 $176.19 to $176.92, 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 25, 2015, Reporting Person was granted 18,527 Share Appreciation Rights ("SARs"), which vest in three equal annual installments beginning on September 25, 2016.
F6 On September 25, 2015, Reporting Person was granted 42,385 SARs, which vest in three equal annual installments beginning on September 25, 2016.