David T. Shapiro - 29 Sep 2023 Form 4 Insider Report for VAIL RESORTS INC (MTN)

Signature
/s/ David T. Shapiro
Issuer symbol
MTN
Transactions as of
29 Sep 2023
Transactions value $
-$120,486
Form type
4
Filing time
03 Oct 2023, 20:40:42 UTC
Previous filing
27 Sep 2023
Next filing
17 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTN Common Stock Options Exercise $0 +1.46K +25.29% $0.00 7.25K 29 Sep 2023 Direct
transaction MTN Common Stock Tax liability -$120K -543 -7.49% $221.89 6.7K 29 Sep 2023 Direct F1

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 -1.46K -33.33% $0.00 2.93K 29 Sep 2023 Common Stock 1.46K $0.00 Direct F2
transaction MTN Restricted Share Unit Award $0 +4.36K $0.00 4.36K 29 Sep 2023 Common Stock 4.36K $0.00 Direct F3
transaction MTN Share Appreciation Right Award $0 +14.4K $0.00 14.4K 29 Sep 2023 Common Stock 14.4K $221.89 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 543 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 On September 29, 2022, Reporting Person was granted 4,390 RSUs, which vest in three equal installments beginning on September 29, 2023.
F3 On September 29, 2023, Reporting Person was granted 4,356 RSUs, which vest in three equal installments beginning on September 29, 2024.
F4 On September 29, 2023, Reporting Person was granted 14,444 Share Appreciation Rights, which vest in three equal installments beginning on September 29, 2024.