William E. Mudd - 31 Dec 2021 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Signature
Paula Chumbley Attorney-in-Fact for William E. Mudd
Issuer symbol
CHDN
Transactions as of
31 Dec 2021
Transactions value $
-$3,486,787
Form type
4
Filing time
04 Jan 2022, 15:04:49 UTC
Previous filing
12 Nov 2021
Next filing
14 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHDN Common Stock Options Exercise $0 +9.88K +3.73% $0.00 275K 31 Dec 2021 Direct
transaction CHDN Common Stock Tax liability -$1.11M -4.6K -1.67% $240.90 270K 31 Dec 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CHDN Restricted Stock Units Options Exercise -$2.38M -9.88K -4.76% $240.90 198K 31 Dec 2021 Common Stock 9.88K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units do not have a conversion price or expiration date.
F2 Restricted stock vests over a multi-year period.