Churchill Downs director just picked up 68 shares

Ulysses L Bridgeman, a director of Churchill Downs, recently acquired 68 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on April 03, 2017. Bridgeman now owns 4,108 shares of the company. Bridgeman operates out of Louisville, KY. Some additional info was provided as follows:

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 persons completion of service as a director. The closing price of CHDN common stock on March 31, 2017 was used to determine the number of phantom shares awarded. The holding is comprised of restricted stock units granted for service as a director, phantom stock units granted in connection with a deferred compensation elections and dividends awarded for each units. The equivalent shares of common stock related to these units will be transferred upon the reporting persons completion of service as a director.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Churchill Downs director just disposed of 5,000 shares - Sept. 11, 2017
Churchill Downs director just disposed of 5,000 shares - Sept. 5, 2017

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