VAIL RESORTS INC 4
4 · VAIL RESORTS INC · Filed Dec 11, 2015
Insider Transaction Report
Form 4
SCHOPPET MARK L
VP, Controller & CAO
Transactions
- Sale
Common Stock
2015-12-11$128.19/sh−151$19,356→ 6,537 total - Exercise/Conversion
Common Stock
2015-12-10$37.20/sh+14,077$523,664→ 20,614 total - Tax Payment
Common Stock
2015-12-10$128.44/sh−9,580$1,230,455→ 17,486 total - Sale
Common Stock
2015-12-11$127.65/sh−10,798$1,378,365→ 6,688 total - Tax Payment
Common Stock
2015-12-10$128.44/sh−8,736$1,122,052→ 11,878 total - Exercise/Conversion
Common Stock
2015-12-10$39.65/sh+15,188$602,204→ 27,066 total - Exercise/Conversion
Share Appreciation Right
2015-12-10−14,077→ 0 totalExercise: $37.20Exp: 2020-09-21→ Common Stock (14,077 underlying) - Exercise/Conversion
Share Appreciation Right
2015-12-10−15,188→ 0 totalExercise: $39.65Exp: 2021-09-20→ Common Stock (15,188 underlying)
Footnotes (5)
- [F1]Shares of common stock were withheld from the issuance of common stock to Reporting Person upon exercise in order to satisfy Reporting Person's obligations for payment of the exercise price and withholding and other taxes due in connection therewith.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.17 to $128.17, inclusive. The Reporting Person undertakes to provide Vail Resorts, Inc., any security holder of Vail Resorts, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2) and (3) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.18 to $128.19, inclusive.
- [F4]The Share Appreciation Rights ("SARs") vested in three equal installments on September 21, 2011, 2012 and 2013.
- [F5]The SARs vested in three equal installments on September 20, 2012, 2013 and 2014.