William C. Carstanjen - Dec 31, 2023 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Role
Chief Executive Officer
Signature
Paula Chumbley as Attorney-in-Fact for William C. Carstanjen
Stock symbol
CHDN
Transactions as of
Dec 31, 2023
Transactions value $
-$1,207,354
Form type
4
Date filed
1/3/2024, 04:40 PM
Previous filing
Nov 1, 2023
Next filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHDN Common Stock Options Exercise $0 +19.3K +1.33% $0.00 1.47M Dec 31, 2023 Direct
transaction CHDN Common Stock Tax liability -$1.21M -8.95K -0.61% $134.93 1.46M Dec 31, 2023 Direct F1

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 -19.3K -4.57% $0.00 402K Dec 31, 2023 Common Stock 19.3K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on the closing price of common stock on December 29, 2023.
F2 Restricted stock units do not have a conversion price or expiration date.
F3 These RSUs vested as of December 31, 2023, with an additional portion of the RSUs deferred under the Churchill Downs Incorporated RSU Deferral Plan. Shares of common stock will be delivered to the reporting person as per the terms of the deferral election.
F4 Includes deferred restricted stock units acquired pursuant to a dividend equivalent reinvestment feature of the RSU Deferred Plan.