William C. Carstanjen - 31 Oct 2022 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Role
Chief Executive Officer
Signature
Paula Chumbley as Attorney-in-Fact for William C. Carstanjen
Issuer symbol
CHDN
Transactions as of
31 Oct 2022
Net transactions value
-$7,234,228
Form type
4
Filing time
02 Nov 2022, 16:24:19 UTC
Previous filing
14 Feb 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHDN Common Stock Options Exercise $0 +75,971 +12% $0.000000 688,800 31 Oct 2022 Direct
transaction CHDN Common Stock Tax liability $7,234,228 -34,795 -5.1% $207.91 654,005 31 Oct 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 Options Exercise $0 -75,971 -21% $0.000000 278,173 31 Oct 2022 Common Stock 75,971 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Service based performance stock units do not have a conversion price or expiration date, and will be settled in common stock vesting over a multi-year period.
F2 These service based performance stock units vested as of October 30, 2022, and were settled on October 31, 2022.