SEC Form 4 · accession 0001225208-16-036185
Churchill Downs Inc · CHDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig J Duchossois
Director
Period of report
Jul 1, 2016
Accepted (ET)
Jul 5, 2016 · 5:48 pm 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,F2,F3 | Jul 1, 2016 | A | 146 | $0.00 | A | 15,141 | D | |
| Common StockF4 | holding | — | — | — | 2,000,000 | I | by The Duchossois Group, Inc. | |
| Common Stock | holding | — | — | — | 17,646 | I | CJD Revocable Trust | |
| Common StockF5 | holding | — | — | — | 137,141 | I | Spring Creek Investors II, LLC | |
| Common StockF6 | holding | — | — | — | 3,373 | I | The Chamberlain Group, Inc. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Phantom share units awarded in connection with the election to defer compensation. Each phantom share unit is the economic equivalent of one share of common stock. The shares of common stock are transferred upon the reporting person's completion of service as a director.
- F2The closing price of CHDN common stock on June 30, 2016 was used to determine the number of phantom shares awarded.
- F3The holding is comprised of restricted stock units granted for service as a director, phantom stock units granted in connection with a deferred compensation elections and dividends awarded for such units. The equivalent shares of common stock related to these units will be transferred upon the reporting person's completion of service as a director. Due to an inadvertent exclusion the total holdings have been adjusted to include .02 restricted stock units and 2.80 restricted stock units awarded in connection with 1/6/16 and 1/7/15 dividend payments, respectively, which were not included in the reporting person's prior filing.
- F4The Duchossois Group, Inc. transferred its shares to its wholly owned subsidiary, CDI Holdings, LLC in 2016.
- F5Richard L. Duchossois and Craig J. Duchossois, by virtue of their relationship with Spring Creek Investors II, LLC may be deemed to beneficially own the shares of CHDN.
- F6Richard L. Duchossois and Craig J. Duchossois, by virtue of their relationship with The Chamberlain Group, Inc. and The Duchossois Group, Inc., may be deemed to beneficially own the shares of CHDN that are held by The Chamberlain Group, Inc.