SEC Form 4 · accession 0001225208-18-015072
Churchill Downs Inc · CHDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William E Mudd
Officer — President and COO
Period of report
Oct 30, 2018
Accepted (ET)
Nov 1, 2018 · 5:23 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Oct 30, 2018 | A | 10,148 | A | — | — | Common Stock | 10,148 | 18,892 | D |
Explanation of responses
- F1Restricted stock units do not have a conversion price or expiration date.
- F2These restricted stock units were granted in connection with the Executive entering into a new Executive Change in Control, Severance and Indemnity Agreement. These units will vest on the following schedule beginning on the fourth anniversary of the effective date: 2,537 units on 10/30/2022; 2,537 units on 10/30/2023; 2,537 units on 10/30/2024; 2,537 units on 10/30/2025.