SEC Form 4 · accession 0001225208-16-040071
Churchill Downs Inc · CHDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert L Fealy
Director
Period of report
Oct 4, 2016
Accepted (ET)
Oct 4, 2016 · 4:42 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,F2,F3 | — | Oct 4, 2016 | A | 164 | A | — | — | Common Stock | 164 | 9,817 | D |
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 September 30, 2016 was used to determine the number of phantom shares awarded.
- F3Deferred compensation in the form of restricted units entitling the recipient to the future issuance of an equivalent number of shares of Common Stock.