SEC Form 4 · accession 0000812011-16-000153
VAIL RESORTS INC · MTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A Katz
Officer — Chief Exec.Officer & Chairman · Director
Period of report
Sep 30, 2016
Accepted (ET)
Oct 4, 2016 · 5:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000812011
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 30, 2016 | M | 72,428 | $60.05 | A | 334,323 | D | |
| Common StockF1 | Sep 30, 2016 | F | 48,548 | $156.88 | D | 285,775 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Appreciation RightF2 | $60.05 | Sep 30, 2016 | M | 72,428 | D | — | Sep 25, 2017 | Common Stock | 72,428 | 0 | D |
Explanation of responses
- F1Shares 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. Reporting Person is holding the net shares received in connection with the exercise.
- F2The Share Appreciation Rights vested in three equal installments on September 25, 2008, 2009 and 2010. Reporting Person is exercising the Share Appreciation Rights prior to the expiration date of September 25, 2017.