William E. Mudd - Feb 10, 2022 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Role
President and COO
Signature
Paula Chumbley Attorney-in-Fact for William E. Mudd
Stock symbol
CHDN
Transactions as of
Feb 10, 2022
Transactions value $
-$2,668,935
Form type
4
Date filed
2/14/2022, 04:11 PM
Previous filing
Jan 4, 2022
Next filing
Nov 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHDN Common Stock Award $0 +26.8K +9.9% $0.00 297K Feb 10, 2022 Direct F1, F2
transaction CHDN Common Stock Tax liability -$2.67M -11.9K -4% $224.45 286K Feb 10, 2022 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 +6.68K +3.38% $0.00 204K Feb 10, 2022 Common Stock 6.68K Direct F3, F4
* 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, 2019 to December 31, 2021.
F2 Includes 198 shares acquired under the Churchill Downs Incorporated Employee Stock Purchase Plan for the period August 1, 2019 through July 31, 2020, and 174 shares acquired under the Churchill Downs Incorporated Employee Stock Purchase Plan for the period August 1, 2020 through July 31, 2021.
F3 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, 2022, December 31, 2023 and December 31, 2024.
F4 Restricted stock vests over a multi-year period.