SEC Form 4 · accession 0001225208-16-031032
Churchill Downs Inc · CHDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L Fealy
Director
Period of report
Jan 6, 2016
Accepted (ET)
Apr 5, 2016 · 3:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000020212
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1 | — | Jan 6, 2016 | A | 77 | A | — | — | Common Stock | 77 | 9,555 | D |
| Phantom StockF2,F3 | — | Apr 1, 2016 | A | 98 | A | — | — | Common Stock | 98 | 9,653 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable upon the reporting person's termination of service as a director. These shares of phantom stock were awarded in connection with the January 6, 2016 dividend payment.
- F2The closing price of CHDN common stock on March 31, 2016 was used to determine the number of phantom shares awarded.
- F3Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable upon the reporting person's termination of service as a director.