Insider Trades - HERNANDEZ ROLAND A

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HERNANDEZ ROLAND A: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Vail Resorts, Inc. Common Stock Director NYSE:MTN (historical quotes, profile, SEC, other insiders)	20-Sep-12	21,687	Direct
Ryland Group, Inc. (The) Common Director NYSE:RYL (historical quotes, profile, SEC, other insiders)	1-Feb-12	20,548	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
20-Sep-12 3,485 MTN Option Exercise at $0 per share.
1-Feb-12 608 RYL Acquisition (Non Open Market) at $18.48 per share.
(Value of $11,235)
1-Nov-11 868 RYL Acquisition (Non Open Market) at $12.96 per share.
(Value of $11,249)
21-Sep-11 3,427 MTN Option Exercise at $0 per share.
1-Aug-11 756 RYL Acquisition (Non Open Market) at $14.88 per share.
(Value of $11,249)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
20-Sep-12	3,485	MTN	Option Exercise at $0 per share.
1-Feb-12	608	RYL	Acquisition (Non Open Market) at $18.48 per share. (Value of $11,235)
1-Nov-11	868	RYL	Acquisition (Non Open Market) at $12.96 per share. (Value of $11,249)
21-Sep-11	3,427	MTN	Option Exercise at $0 per share.
1-Aug-11	756	RYL	Acquisition (Non Open Market) at $14.88 per share. (Value of $11,249)