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Churchill Downs Inc — Director's Dealing 2014
Jul 23, 2014
30832_dirs_2014-07-23_fde01ec0-9bcb-4c0f-ab81-16918190888b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CHURCHILL DOWNS INC (CHDN)
CIK: 0000020212
Period of Report: 2014-07-17
Reporting Person: Evans Robert L (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-07-17 | Common Stock | M | 5014.0000 | $35.1900 | Acquired | 184891.0000 | Direct |
| 2014-07-17 | Common Stock | S | 5014.0000 | $88.0593 | Disposed | 179877.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-07-17 | Employee Stock Option (right to buy) | $35.1900 | M | 5014.0000 | Disposed | 2016-11-14 | Common Stock (5014.0000) | Direct |
Footnotes
F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 3/28/2014.
F2: This transaction was executed in multiple trades at prices ranging from $87.85 to 88.38. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3: The option vests quarterly over three (3) years beginning on September 30, 2010.