Craig J Duchossois, a director of Churchill Downs, recently disposed of 137,141 shares of the company. The disposals took place at $148.75 per share, on November 30, 2016. Duchossois still owns 2,036,159 shares of the company. Duchossois operates out of Elmhurst, IL. Some additional info was provided as follows:
These are the same shares reflected in the Form 4 filing of Mr. Richard Duchossois that is being filed simultaneous herewith.
Craig Duchossois, by virtue of his relationship with Spring Creek Investors II LLC, may be deemed to beneficially own the shares of CHDN that are held by Spring Creek Investors II LLC. Craig Duchossois disclaims beneficial ownership with respect to the shares of CHDN held by Spring Creek Investors II LLC.
The holding is comprised of r
estricted stock units granted for service as a director, phantom stock units granted in connection with a deferred compensation elections and dividends award for such units. The equivalent shares of common stock related to these units will be transferred upon the reporting person's completion of service as a director.
The Duchossois Group, Inc. transferred its shares to its wholly owned subsidiary CDI Holdings, LLC in 2016.
Craig Duchossois, by virtue of his relationship with The Chamberlain Group, Inc. and The Duchossois Group, Inc., may be deemed to beneficially own the shares of CHDN that are held by The Chamberlain Group, Inc. Craig Duchossois disclaims beneficial ownership with respect to the shares of CHDN held by The Chamberlain Group, Inc., except with respect to his pecuniary interest in such shares.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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