SEC Form 4 · accession 0001225208-19-002957
Churchill Downs Inc · CHDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William C Carstanjen
Officer — Chief Executive Officer
Period of report
Feb 13, 2019
Accepted (ET)
Feb 19, 2019 · 5:19 pm EST
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 UnitsF3,F1,F2 | — | Feb 13, 2019 | A | 31,074 | A | — | — | Common Stock | 31,074 | 110,250 | D |
Explanation of responses
- F1Restricted stock units do not have a conversion price or expiration date and will be settled in common stock vesting in one-third increments on each of December 31, 2019, December 31, 2020 and December 31, 2021.
- F2Restricted stock vests over a multi-year period.
- F3On January 25, 2019, Churchill Downs Incorporated effected a 3-for-1 stock split. The number of derivative securities reported in this Form 4 have been adjusted to reflect the stock split.