William C. Carstanjen - 15 Feb 2023 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
15 Feb 2023
Net transactions value
-$5,534,790
Form type
4
Filing time
17 Feb 2023, 15:14:20 UTC
Previous filing
10 Jan 2023
Next filing
01 Nov 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 Award $0 +48,908 +7.4% $0.000000 705,569 15 Feb 2023 Direct F1
transaction CHDN Common Stock Tax liability $5,534,790 -22,156 -3.1% $249.81 683,413 15 Feb 2023 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 Award $0 +13,611 +5% $0.000000 286,578 15 Feb 2023 Common Stock 13,611 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement of performance share units with respect to the performance period January 1, 2020 to December 31, 2022.
F2 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.
F3 Restricted stock vests over a multi-year period.