Austin W. Miller - Dec 31, 2021 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Role
SVP, Gaming Operations
Signature
Paula Chumbley, Attorney-In-Fact for Austin W. Miller
Stock symbol
CHDN
Transactions as of
Dec 31, 2021
Transactions value $
-$1,263,039
Form type
4
Date filed
1/4/2022, 03:03 PM
Previous filing
Sep 20, 2021
Next filing
Feb 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHDN Common Stock Options Exercise $0 +3.58K +18.13% $0.00 23.3K Dec 31, 2021 Direct
transaction CHDN Common Stock Tax liability -$402K -1.67K -7.15% $240.90 21.6K Dec 31, 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 -$861K -3.58K -56.3% $240.90 2.78K Dec 31, 2021 Common Stock 3.58K 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.