Marcia A. Dall - 31 Dec 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
31 Dec 2023
Transactions value $
-$532,704
Form type
4
Filing time
03 Jan 2024, 16:47:15 UTC
Previous filing
30 Jun 2023
Next filing
12 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHDN Common Stock Options Exercise $0 +8.57K +6.77% $0.00 135K 31 Dec 2023 Direct F1
transaction CHDN Common Stock Tax liability -$533K -3.95K -2.92% $134.93 131K 31 Dec 2023 Direct F2

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 $0 -8.57K -33.59% $0.00 16.9K 31 Dec 2023 Common Stock 8.57K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 19, 2023, Churchill Downs Incorporated effected a 2-for-1 stock split. The number of securities reported in this Form 4 have been adjusted to reflect the stock split.
F2 Based on the closing price of common stock on December 29, 2023.
F3 Restricted stock units do not have a conversion price or expiration date.
F4 Restricted stock vests over a multi-year period.