Ryan Bennett - Sep 29, 2023 Form 4 Insider Report for VAIL RESORTS INC (MTN)

Role
SVP & Chief Marketing Officer
Signature
/s/ David T. Shapiro, Attorney-in-Fact for Ryan Bennett
Stock symbol
MTN
Transactions as of
Sep 29, 2023
Transactions value $
-$40,606
Form type
4
Date filed
10/3/2023, 08:41 PM
Previous filing
Sep 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTN Common Stock Options Exercise $0 +634 +37.05% $0.00 2.35K Sep 29, 2023 Direct
transaction MTN Common Stock Tax liability -$40.6K -183 -7.8% $221.89 2.16K Sep 29, 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 -634 -33.33% $0.00 1.27K Sep 29, 2023 Common Stock 634 $0.00 Direct F2
transaction MTN Restricted Share Unit Award $0 +1.89K $0.00 1.89K Sep 29, 2023 Common Stock 1.89K $0.00 Direct F3
transaction MTN Share Appreciation Right Award $0 +6.26K $0.00 6.26K Sep 29, 2023 Common Stock 6.26K $221.89 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 183 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 1,902 RSUs, which vest in three equal installments beginning on September 29, 2023.
F3 On September 29, 2023, Reporting Person was granted 1,888 RSUs, which vest in three equal installments beginning on September 29, 2024.
F4 On September 29, 2023, Reporting Person was granted 6,261 Share Appreciation Rights, which vest in three equal installments beginning on September 29, 2024.