SCHMITT KARL F JR 4
4 · CHURCHILL DOWNS INC · Filed May 4, 2006
Insider Transaction Report
Form 4
SCHMITT KARL F JR
SVP, Special Projects
Transactions
- Sale
Common Stock, no par value
2006-05-03$39.46/sh−2,000$78,924→ 3,238 total - Exercise/Conversion
Common Stock, no par value
2006-05-03$19.25/sh+2,000$38,500→ 5,238 total - Exercise/Conversion
Employee Stock Option (right to buy)
2006-05-03−2,000→ 2,575 totalExercise: $19.25From: 1999-06-03Exp: 2006-06-02→ Common Stock (2,000 underlying)
Footnotes (1)
- [F1]This transaction occurred pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 29, 2006.