CHURCHILL DOWNS Inc 4
4 · CHURCHILL DOWNS Inc · Filed Apr 5, 2016
Insider Transaction Report
Form 4
MCDONALD JAMES F
Director
Transactions
- Award
Phantom Stock
2016-01-06+51.878→ 6,415.72 total→ Common Stock (51.878 underlying) - Award
Phantom Stock
2016-04-01+128.483→ 6,544.203 total→ Common Stock (128.483 underlying)
Footnotes (3)
- [F1]Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable upon the reporting person's termination of service as a director. These shares of phantom stock were awarded in connection with the January 6, 2016 dividend payment.
- [F2]The closing price of CHDN common stock on March 31, 2016 was used to determine the number of phantom shares awarded.
- [F3]Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable upon the reporting person's termination of service as a director.