SEC Form 4 · accession 0001225208-16-030648
Churchill Downs Inc · CHDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L Evans
Director
Period of report
Mar 31, 2016
Accepted (ET)
Apr 4, 2016 · 9:35 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000020212
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 31, 2016 | M | 65,000 | $0.00 | A | 230,628 | D | |
| Common Stock | Mar 31, 2016 | F | 27,260 | $147.88 | D | 203,368 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted StockF1,F2 | — | Mar 31, 2016 | M | 65,000 | D | — | — | Common Stock | 65,000 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contractual right to receive one share of CHDN common stock.
- F2On July 18, 2006, the reporting person was granted 65,000 restricted stock units, vesting quarterly over five (5) years beginning on September 30, 2006. These vested restricted stock shares are to be delivered to the reporting person six (6) months after termination of employment, which was met on March 31, 2016.