Brown Stanley D. 4
4 · VAIL RESORTS INC · Filed Mar 11, 2009
Insider Transaction Report
Form 4
Brown Stanley D.
Pres. RockResorts & VR Hospit
Transactions
- Award
Share Appreciation Rights
2009-03-10$16.51/sh+4,631$76,458→ 4,631 totalExercise: $16.51From: 2010-03-10Exp: 2019-03-10→ Common Stock (4,631 underlying)
Footnotes (2)
- [F1]Each Share Appreciation Right (each, a "SAR") represents a contingent right to receive, upon vesting, an amount of shares of Issuer's common stock equal to the positive difference (if any) between the fair market value of Issuer's common stock on the exercise date and the SAR exercise price, divided by the fair market value of Issuer's common stock on the exercise date.
- [F2]On March 10, 2009, Reporting Person was granted 4,631 SAR's which vest in three equal annual installments commencing on the first anniversary of the grant date and expire 10 years from the grant date.