U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 4
STATEMENT OF CHANGES OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(h) of the Investment Company Act of 1940
|_| Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
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1. Names and Address of Reporting Person*
Daly Andrew P.
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(Last) (First) (Middle)
c/o Vail Resorts, Inc., P.O. Box 7
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(Street)
Vail CO 81658
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Vail Resorts, Inc. ("MTN")
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3. IRS Identification Number of Reporting Person, if an entity (Voluntary)
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4. Statement for Month/Day/Year
9/16/02
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5. If Amendment, Date of Original (Month/Day/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
|X| Director |_| 10% Owner
|X| Officer (give title below) |_| Other (specify below)
President
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7. Individual or Joint/Group Filing (Check Applicable Line)
|X| Form filed by One Reporting Person
|_| Form filed by More than One Reporting Person
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* If the Form is filed by more than one reporting person, see Instruction
4(b)(v).
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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6.
4. 5. Owner-
2A. Securities Acquired (A) or Amount of ship
Deemed 3. Disposed of (D) Securities Form: 7.
2. Execution Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
Transaction Date, Code ---------------------------- Owned (D) or Indirect
1. Date if any (Instr. 8) (A) Following Indirect Beneficial
Title of Security (Month/ (Month/ ------------ Amount or Price Reported (I) Ownership
(Instr. 3) Day/Year) Day/Year) Code V (D) Transaction(s) (Instr.4) (Instr. 4)
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Common Stock 9/16/02 M 8,320 A $6.85 D
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Common Stock 9/16/02 F 1,594 D $6.85 D
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15,511
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
FORM 4 (continued)
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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9. 10.
Number Owner-
of ship
2. Deriv- Form of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or 3A. Derivative 6. of Underlying 8. ities Secur- of
Exer- Deemed 4. Securities Date Securities Price Bene- ity: In-
cise 3. Execut- Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- tion action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Date, Code of(D) (Month/Day/Year) Amount ative Following In- ficial
Title of Deriv- Date if any (Instr. (Instr. 3, ---------------- or Secur- Reported direct Owner-
Derivative ative (Month/ (Month/ 8) 4 and 5) Date Expira- Number ity Trans- (I) ship
Security Secur- Day/ Day/ ------ ------------ Exer- tion of (Instr. actions (Instr. (Instr.
(Instr. 3) ity Year) Year) Code V (A) (D) cisable Date Title Shares 5) (Instr. 4) 4) 4)
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Option to $6.85 9/16/02 M 8,320 10/1/97 10/1/02 Common 8,320 293,041 D
Purchase Stock
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Explanation of Responses:
Date: 9/16/02 /s/ Andrew P. Daly
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Name: Andrew P. Daly
** 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 provided is insufficient, See Instruction 6 for procedure.
