William C Carstanjen, Churchill Downs's Chief Executive Officer, just received 12,897 restricted shares from the company. The restricted shares don't become available to Carstanjen until such time as they become vested. Carstanjen now owns at least 26,452 restricted shares of the company.
Some additional info was provided as follows:
Restricted 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, 2017, December 31, 2018 and December 31, 2019.
The above information was disclosed in a filing to the SEC. To see the filing, click her e.
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