VAIL RESORTS INC

Ticker: MTN CUSIP: 91879Q109 Class: Common Stock

SANDLER CAPITAL MANAGEMENT's Holding History (CIK: 0001000742)

Note: Option positions (PUT/CALL) are excluded.

Q4 2019

Shares 112,965 Value ($000) $27,092 Avg Close $236.65 Range $221.69 - $251.81

Q3 2019

Shares 104,829 Value ($000) $23,855 Avg Close $236.06 Range $219.58 - $249.67

Q2 2019

Shares 69,709 Value ($000) $15,558 Avg Close $222.15 Range $208.16 - $244.72

Q1 2019

Shares 43,015 Value ($000) $9,347 Avg Close $204.29 Range $179.60 - $225.42

Q4 2018

Shares 83,535 Value ($000) $17,611 Avg Close $247.31 Range $200.29 - $286.40

Q3 2018

Shares 91,420 Value ($000) $25,087 Avg Close $287.87 Range $272.49 - $302.76

Q2 2018

Shares 61,690 Value ($000) $16,915 Avg Close $244.86 Range $217.25 - $288.83

Q1 2018

Shares 29,990 Value ($000) $6,649 Avg Close $218.90 Range $200.68 - $235.99

Q4 2017

Shares 6,250 Value ($000) $1,328 Avg Close $223.89 Range $210.80 - $237.77

Q1 2017

Shares 64,063 Value ($000) $12,294 Avg Close $177.17 Range $159.84 - $194.05

Q4 2016

Shares 101,045 Value ($000) $16,300 Avg Close $158.80 Range $151.60 - $169.98

Q2 2013

Shares 137,199 Value ($000) $8,440 Avg Close $62.47 Range $58.12 - $67.29

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	112,965	$27,092	$236.65	$221.69 - $251.81
Q3 2019	104,829	$23,855	$236.06	$219.58 - $249.67
Q2 2019	69,709	$15,558	$222.15	$208.16 - $244.72
Q1 2019	43,015	$9,347	$204.29	$179.60 - $225.42
Q4 2018	83,535	$17,611	$247.31	$200.29 - $286.40
Q3 2018	91,420	$25,087	$287.87	$272.49 - $302.76
Q2 2018	61,690	$16,915	$244.86	$217.25 - $288.83
Q1 2018	29,990	$6,649	$218.90	$200.68 - $235.99
Q4 2017	6,250	$1,328	$223.89	$210.80 - $237.77
Q1 2017	64,063	$12,294	$177.17	$159.84 - $194.05
Q4 2016	101,045	$16,300	$158.80	$151.60 - $169.98
Q2 2013	137,199	$8,440	$62.47	$58.12 - $67.29