Gregory Jon Sullivan - 29 Sep 2023 Form 4 Insider Report for VAIL RESORTS INC (MTN)

Signature
/s/ David T. Shapiro, Attorney-in-Fact for Gregory Jon Sullivan
Issuer symbol
MTN
Transactions as of
29 Sep 2023
Net transactions value
-$23,742
Form type
4
Filing time
03 Oct 2023, 20:37:41 UTC
Previous filing
27 Sep 2023
Next filing
26 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MTN Common Stock Options Exercise $0 +371 +33% $0.000000 1,501 29 Sep 2023 Direct
transaction MTN Common Stock Tax liability $23,742 -107 -7.1% $221.89 1,394 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 -371 -33% $0.000000 742 29 Sep 2023 Common Stock 371 $0.000000 Direct F2
transaction MTN Restricted Share Unit Award $0 +1,104 $0.000000 1,104 29 Sep 2023 Common Stock 1,104 $0.000000 Direct F3
transaction MTN Share Appreciation Right Award $0 +3,663 $0.000000 3,663 29 Sep 2023 Common Stock 3,663 $221.89 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 107 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 1,113 RSUs, which vest in three equal installments beginning on September 29, 2023.
F3 On September 29, 2023, Reporting Person was granted 1,104 RSUs, which vest in three equal installments beginning on September 29, 2024.
F4 On September 29, 2023, Reporting Person was granted 3,663 Share Appreciation Rights, which vest in three equal installments beginning on September 29, 2024.