Maureen Adams - 15 Feb 2023 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Signature
Paula Chumbley, Attorney-In-Fact for Maureen Adams
Issuer symbol
CHDN
Transactions as of
15 Feb 2023
Net transactions value
$0
Form type
4
Filing time
17 Feb 2023, 15:13:29 UTC
Previous filing
14 Feb 2023
Next filing
03 Jan 2024

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 +2,202 +122% $0.000000 4,004 15 Feb 2023 Common Stock 2,202 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 and will be settled in common stock vesting in one-third increments on each of December 31, 2023, December 31, 2024 and December 31, 2025.
F2 Restricted stock vests over a multi-year period.