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

Reporting relationship: President and COO
Issuer ticker: CHDN
Reported as of: 10 Feb 2022
Net transaction value: -$2,668,935
SEC form: 4
Accepted by SEC: 14 Feb 2022, 16:11:21 UTC
Prior SEC filing: 04 Jan 2022
Next SEC filing: 02 Nov 2022
Source filing: View source filing
Reporting owner signature: Paula Chumbley Attorney-in-Fact for William E. Mudd

Key filing fact

William E. Mudd filed Form 4 for Churchill Downs Inc (CHDN) on 14 Feb 2022.

Key facts

This page summarizes William E. Mudd's Form 4 filing for Churchill Downs Inc (CHDN).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 14 Feb 2022, 16:11.

Change

Previous filing in this sequence was filed on 04 Jan 2022.
Current net transaction value: -$2,668,935.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CHDN transaction

Common Stock

Award

Transaction value: $0
Shares: +26,788
Change %: +9.9%
Price: $0.000000
Shares after: 297,487
Date: 10 Feb 2022
Ownership: Direct
Footnotes: F1, F2

CHDN transaction

Common Stock

Tax liability

Transaction value: $2,668,935
Shares: -11,891
Change %: -4%
Price: $224.45
Shares after: 285,596
Date: 10 Feb 2022
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CHDN transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +6,684
Change %: +3.4%
Price: $0.000000
Shares after: 204,466
Date: 10 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,684
Exercise price
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents the settlement of performance share units with respect to the performance period January 1, 2019 to December 31, 2021.

Footnote 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.

Footnote 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.

Footnote F4

Restricted stock vests over a multi-year period.