Churchill Downs Inc (CHDN) Stock: PAR Capital Management Lowers Stake Below 5%

Page 2 of 7 – SEC Filing

CUSIP No. 171484108
  1 

NAMES OF
REPORTING PERSONS

PAR Investment Partners, L.P.

  2

CHECK THE APPROPRIATE BOX IF A MEMBER
OF A GROUP (SEE INSTRUCTIONS)

(a)  x        (b)  ¨

  3

SEC USE ONLY

  4

CITIZENSHIP OR PLACE OF
ORGANIZATION

State of Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

SOLE VOTING POWER

813,165

6

SHARED VOTING POWER

None

7

SOLE DISPOSITIVE POWER

813,165

8

SHARED DISPOSITIVE POWER

None

  9

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

813,165

10

CHECK IF THE AGGREGATE AMOUNT IN ROW
(9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)  ¨

11

PERCENT OF CLASS REPRESENTED BY AMOUNT
IN ROW (9)

4.9% Common stock, par value $.01

12

TYPE OF REPORTING PERSON (SEE
INSTRUCTIONS)

PN

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