SEC Form 3
FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 06/07/2021 | 3. Issuer Name and Ticker or Trading Symbol VAIL RESORTS INC [ MTN ] | |||||||||||||
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 328 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Share Appreciation Right | (1) | 11/01/2026 | Common Stock | 3,260 | 157.62 | D | |
Share Appreciation Right | (2) | 09/27/2027 | Common Stock | 2,202 | 228.04 | D | |
Restricted Share Unit | (3) | (3) | Common Stock | 72 | 0.0 | D | |
Restricted Share Unit | (4) | (4) | Common Stock | 216 | 0.0 | D | |
Share Appreciation Right | (5) | 09/27/2028 | Common Stock | 1,792 | 286.13 | D | |
Restricted Share Unit | (6) | (6) | Common Stock | 194 | 0.0 | D | |
Share Appreciation Right | (7) | 09/25/2029 | Common Stock | 3,599 | 236.15 | D | |
Restricted Share Unit | (8) | (8) | Common Stock | 287 | 0.0 | D | |
Share Appreciation Right | (9) | 09/25/2030 | Common Stock | 4,007 | 225.26 | D |
Explanation of Responses: |
1. On November 1, 2016, Reporting Person was granted 3,260 Share Appreciation Rights, which vested in three equal annual installments commencing on the first anniversary of the grant date. |
2. On September 27, 2017, Reporting Person was granted 2,202 Share Appreciation Rights, which vested in three equal annual installments commencing on the first anniversary of the grant date. |
3. On September 27, 2018, Reporting Person was granted 216 Restricted Share Units, which vest in three equal annual installments commencing on the first anniversary of the grant date. On September 27, 2019, 72 shares vested of which 21 shares were withheld in order to satisfy the Reporting Person's obligations for payment of withholding and other taxes due in connection therewith and 51 shares were issued. On September 27, 2020, 72 shares vested of which 21 shares were withheld in order to satisfy the Reporting Person's obligations for payment of withholding and other taxes due in connection therewith and 51 shares were issued. |
4. On September 27, 2018, Reporting Person was granted 648 Restricted Share Units, which vest in three equal annual installments commencing on the first anniversary of the grant date. On September 27, 2019, 216 shares vested of which 63 shares were withheld in order to satisfy the Reporting Person's obligations for payment of withholding and other taxes due in connection therewith and 153 shares were issued. On September 27, 2020, 216 shares vested of which 63 shares were withheld in order to satisfy the Reporting Person's obligations for payment of withholding and other taxes due in connection therewith and 153 shares were issued. |
5. On September 27, 2018, Reporting Person was granted 1,792 Share Appreciation Rights, which vest in three equal annual installments commencing on the first anniversary of the grant date. |
6. On September 25, 2019, Reporting Person was granted 291 Restricted Share Units, which vest in three equal annual installments commencing on the first anniversary of the grant date. On September 25, 2020, 97 shares vested of which 29 shares were withheld in order to satisfy the Reporting Person's obligations for payment of withholding and other taxes due in connection therewith and 68 shares were issued. |
7. On September 25, 2019, Reporting Person was granted 3,599 Share Appreciation Rights, which vest in three equal annual installments commencing on the first anniversary of the grant date. |
8. On September 25, 2020, Reporting Person was granted 287 Restricted Share Units, which vest in three equal annual installments commencing on the first anniversary of the grant date. |
9. On September 25, 2020, Reporting Person was granted 4,007 Share Appreciation Rights, which vest in three equal annual installments commencing on the first anniversary of the grant date. |
Remarks: |
Exhibit List: Exhibit 24 - Power of Attorney |
Emily S. Barbara, Attorney-in-Fact for Gregory J. Sullivan | 06/15/2021 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |