William C. Carstanjen - Jan 6, 2023 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Signature
Paula Chumbley as Attorney-in-Fact for William C. Carstanjen
Stock symbol
CHDN
Transactions as of
Jan 6, 2023
Transactions value $
$0
Form type
4
Date filed
1/10/2023, 05:09 PM
Previous filing
Jan 4, 2023
Next filing
Feb 17, 2023

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 +58.9 +0.02% $0.00 273K Jan 6, 2023 Common Stock 58.9 Direct F1, F2, F3
* 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 Represents deferred restricted stock units acquired pursuant to a dividend equivalent reinvestment feature of the Churchill Downs Incorporated RSU Deferral Plan.
F3 Settlement of deferred restricted stock units is deferred until (i) a specific date as elected by the Reporting Person, or (ii) the Reporting Person's separation from service.