William E. Mudd - Oct 31, 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
Oct 31, 2022
Transactions value $
-$4,595,643
Form type
4
Date filed
11/2/2022, 04:24 PM
Previous filing
Feb 14, 2022
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHDN Common Stock Options Exercise $0 +47.5K +16.63% $0.00 333K Oct 31, 2022 Direct
transaction CHDN Common Stock Tax liability -$4.6M -22.1K -6.64% $207.91 311K Oct 31, 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 -47.5K -23.22% $0.00 157K Oct 31, 2022 Common Stock 47.5K 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.