Ownership Submission
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Lynch Kirsten A.
 2. Date of Event Requiring Statement (Month/Day/Year)
09/26/2013		 3. Issuer Name and Ticker or Trading Symbol
VAIL RESORTS INC [MTN]
(Last)
(First)
(Middle)
C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP & Chief Marketing Officer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

BROOMFIELD, CO 80021		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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 1,345
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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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 of Derivative Security: 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
Restricted Share Unit   (1)   (1) Common Stock 100 $ 0 D  
Restricted Share Unit   (2)   (2) Common Stock 643 $ 0 D  
Restricted Share Unit   (3)   (3) Common Stock 958 $ 0 D  
Restricted Share Unit   (4)   (4) Common Stock 7,717 $ 0 D  
Share Appreciation Right   (5) 07/05/2021 Common Stock 2,800 $ 46.75 D  
Share Appreciation Right   (6) 09/20/2021 Common Stock 19,048 $ 39.65 D  
Share Appreciation Right   (7) 09/21/2022 Common Stock 13,599 $ 54.07 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lynch Kirsten A.
C/O VAIL RESORTS, INC.
390 INTERLOCKEN CRESCENT
BROOMFIELD, CO 80021		       EVP & Chief Marketing Officer  

Signatures

Adam Averbach, Attorney-in-Fact for Kirsten A. Lynch 09/27/2013
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) On July 5, 2011, Reporting Person was granted 300 Restricted Share Units which vest in three equal annual installments beginning on July 5, 2012.
(2) On September 20, 2011, Reporting Person was granted 1,928 Restricted Share Units which vest in three equal annual installments beginning on September 20, 2012.
(3) On September 21, 2012, Reporting Person was granted 1,437 Restricted Share Units which vest in three equal annual installments beginning on September 21, 2013.
(4) On September 21, 2012, Reporting Person was granted 7,717 Restricted Share Units which vest in one installment on September 21, 2015.
(5) On July 5, 2011, Reporting Person was granted 2,800 Share Appreciation Rights which vest in three equal annual installments beginning on July 5, 2012.
(6) On September 20, 2011, Reporting Person was granted 19,048 Share Appreciation Rights which vest in three equal annual installments beginning on September 20, 2012.
(7) On September 21, 2012, Reporting Person was granted 13,599 Share Appreciation Rights which vest in three equal annual installments beginning on September 21, 2013.

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