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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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).
(Print of Type Responses)
________________________________________________________________________________
1. Name and Address of Reporting Person*
Aron Adam M.
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(Last) (First) (Middle)
137 Benchmark Road
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(Street)
Avon CO 81620
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Vail Resorts, Inc. ("MTN")
________________________________________________________________________________
3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)
________________________________________________________________________________
4. Statement for Month/Day/Year
________________________________________________________________________________
5. If Amendment, Date of Original (Month/Day/Year)
03/31/03
________________________________________________________________________________
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|X| Director |_| 10% Owner
|X| Officer (give title below) |_| Other (specify below)
Chief Executive Officer
________________________________________________________________________________
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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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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5.
Amount of 6.
4. Securities Owner-
Securities Acquired (A) or Beneficially ship
2A. 3. Disposed of (D) Owned Form: 7.
2. Deemed Transaction (Instr. 3, 4 and 5) Following Direct Nature of
Trans- Execution Code ------------------------------- Reported (D) or Indirect
1. action Date, if (Instr. 8) (A) Transaction(s) Indirect Beneficial
Title of Security Date any ------------ or (Instr. 3 & (I) Ownership
(Instr. 3) (mm/dd/yy) (mm/dd/yy) Code V Amount (D) Price Instr.4) (Instr.4) (Instr.4)
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Common Stock 03/31/03 P 3,000 A(1) 11.34 35,550 D
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Page 1 of 3
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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9.
Number 10.
of Owner-
deriv- ship
ative Form
2. Secur- of
Conver- 5. 7. ities Deriv- 11.
sion Number of Title and Amount Bene- ative Nature
or Derivative 6. of Underlying 8. ficially Secur- of
Exer- 3A. 4. Securities Date Securities Price Owned ity: In-
cise Deemed Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of Follow- Direct direct
Price 3. Execut- action or Disposed Expiration Date ---------------- Deriv- ing (D) or Bene-
1. of Trans- ion Code of(D) (Month/Day/Year) Amount ative Reported In- ficial
Title of Deriv- action Date if (Instr. (Instr. 3, ---------------- or Secur- Trans- direct Owner-
Derivative ative Date any 8) 4 and 5) Date Expira- Number ity action(s) (I) ship
Security Secur- (mm/dd/ (mm/dd/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity yy) yy) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Explanation of Responses:
(1) This is being filed as an amendment to correct a typographical error in the
Form 4 filed on April 1, 2003 to reflect that on March 31, 2003, Mr. Aron
purchased, and did not sell, common stock.
/s/ Karen V. Wansack. Esq. April 16, 2003
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**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
4(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).
Note: File three copies of this Form, one of which must be manually signed.
If space is insufficient, see Instruction 6 for procedure.
Page 2 of 3
Item 1. Reporting Person: Adam M. Aron
Item 2. Issuer: Vail Resorts, Inc. ("MTN")
Item 4. Statement for Month/Day/Year: 3/31/03
[Letterhead of Cahill Gordon & Reindel]
April 16, 2003
(212) 701-3724
Re: Form 4 of April 1, 2003
Ladies and Gentlemen:
On April 1, 2003, Cahill Gordon & Reindel filed a Form 4 on behalf of Mr.
Adam Aron in which a typographical error indicated that a "disposition" rather
than an "acquisition" of common stock was made. The Form 4 which Mr. Aron
signed, and which Cahill has on file, does have the correct transaction code for
an acquisition. The fact that this was a typographical error is further
evidenced by the proper "purchase" code being used in the April 1st filing on
the Form 4.
To correct this, we are filing a Form 4A, attached hereto, which clearly
indicates in a footnote to the proper transaction code that Mr. Aron's March
31st transaction was indeed a purchase and not a sale.
We apologize for any confusion that this may have caused.
Sincerely,
/s/ Karen V. Wansack
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Karen V. Wansack
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
cc: Adam M. Aron
Michael P. Martin
Page 3 of 3