CHURCHILL DOWNS Inc 4
4 · CHURCHILL DOWNS Inc · Filed Oct 4, 2016
Insider Transaction Report
Form 4
DUCHOSSOIS CRAIG J
Director
Transactions
- Award
Phantom Stock
2016-10-04+151.179→ 10,511.488 total→ Common Stock (151.179 underlying)
Footnotes (3)
- [F1]Phantom 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 as service of a director.
- [F2]The closing price of CHDN common stock on September 30, 2016 was used to determine the number of phantom shares awarded.
- [F3]Deferred compensation in the form of restricted units entitling the recipient to the future issuance of an equivalent number of shares of Common Stock.