VAIL RESORTS INC

Ticker: MTN CUSIP: 91879Q109 Class: Common Stock

Ground Swell Capital, LLC's Holding History (CIK: 0001534450)

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

Q3 2014

Shares 200 Value ($000) $17 Avg Close $79.40 Range $73.94 - $89.99

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	200	$17	$79.40	$73.94 - $89.99