Craig J Duchossois, a director of Churchill Downs, recently acquired 99 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 June 30, 2017. Duchossois now owns 1,037,573 shares of the company. Duchossois operates out of Elmhurst, IL. 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 June 30, 2017 was used to determine the number of phantom shares awarded.
The holding is comprise
d 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 unit.
The Duchossois Group, Inc. (TDG) is the sole member and manager of CDI Holdings, LLC (Holdings). Craig Duchossois, by virtue of his relationshiph with TDG, may be deemed to beneficially own the shares of CHDN that are owned by Holdings and which TDG may be deemed to beneficially own. Craig Duchossois disclaims beneficial ownership with respect to the shares of CHDN owned by Holdings, except with respect to his pecuniary interest in such shares.
Craig Duchossois, by virtue of his relationship with The Chamberlain Group, Inc. and TDG, may be deemed to beneficially own the shares of CHDN that are owned by The Chamberlain Group, Inc. and which TDG mahy be deemed to beneficially own. Craig Duchossois disclaims beneficial ownership with respect to the shares of CHDN owned by The Chamberlain Group, Inc., except with respect to his pencumiary 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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Other recent filings from the company include the following:
Churchill Downs Just Filed Its Quarterly Report: The following is a r... - Nov. 1, 2017
Churchill Downs Incorporated Reports 2017 THIRD QUARTER RESULTS - Nov. 1, 2017
Churchill Downs Incorporated Board Of Directors Appoints R. Alex Rankin As Vice Chairman And Increases Annual Dividend For Shareholders - Oct. 26, 2017