Vail Resorts : Initial Insider Trading Report (SEC Filing - 3)

SEC FORM 3SEC 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* Sullivan Gregory Jon (Last) (First) (Middle) 390 INTERLOCKEN CRESCENT (Street) BROOMFIELD CO 80021 (City) (State) (Zip)	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) Director 10% Owner X Officer (give title below) Other (specify below) SVP, Retail & Hospitality	5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
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)
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).
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