Marcia A. Dall - 15 Feb 2023 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Signature
Paula Chumbley as Attorney-in-Fact for Marcia A. Dall
Issuer symbol
CHDN
Transactions as of
15 Feb 2023
Net transactions value
-$1,108,157
Form type
4
Filing time
17 Feb 2023, 15:11:59 UTC
Previous filing
12 Jan 2023
Next filing
30 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHDN Common Stock Award $0 +9,633 +17% $0.000000 67,687 15 Feb 2023 Direct F1
transaction CHDN Common Stock Tax liability $1,108,157 -4,436 -6.6% $249.81 63,251 15 Feb 2023 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 Award $0 +4,404 +53% $0.000000 12,758 15 Feb 2023 Common Stock 4,404 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement of performance share units with respect to the performance period January 1, 2020 to December 31, 2022.
F2 Restricted stock units do not have a conversion price or expiration date and will be settled in common stock vesting in one-third increments on each of December 31, 2023, December 31, 2024 and December 31, 2025.
F3 Restricted stock vests over a multi-year period.