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

Signature
Paula Chumbley, Attorney-In-Fact for Maureen Adams
Stock symbol
CHDN
Transactions as of
Feb 15, 2023
Transactions value $
$0
Form type
4
Date filed
2/17/2023, 03:13 PM
Previous filing
Feb 14, 2023
Next filing
Jan 3, 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 +2.2K +122.2% $0.00 4K Feb 15, 2023 Common Stock 2.2K 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.