William E. Mudd - 15 Feb 2023 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Reporting relationship: President and COO
Issuer ticker: CHDN
Reported as of: 15 Feb 2023
Net transaction value: -$2,557,555
SEC form: 4
Accepted by SEC: 17 Feb 2023, 15:15:16 UTC
Prior SEC filing: 04 Jan 2023
Next SEC filing: 03 Mar 2023
Source filing: View source filing
Reporting owner signature: Paula Chumbley Attorney-in-Fact for William E. Mudd

Key filing fact

William E. Mudd filed Form 4 for Churchill Downs Inc (CHDN) on 17 Feb 2023.

Key facts

This page summarizes William E. Mudd's Form 4 filing for Churchill Downs Inc (CHDN).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 17 Feb 2023, 15:15.

Change

Previous filing in this sequence was filed on 04 Jan 2023.
Current net transaction value: -$2,557,555.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CHDN transaction

Common Stock

Award

Transaction value: $0
Shares: +22,231
Change %: +7.1%
Price: $0.000000
Shares after: 336,241
Date: 15 Feb 2023
Ownership: Direct
Footnotes: F1, F2

CHDN transaction

Common Stock

Tax liability

Transaction value: $2,557,555
Shares: -10,238
Change %: -3%
Price: $249.81
Shares after: 326,003
Date: 15 Feb 2023
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CHDN transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +6,006
Change %: +4%
Price: $0.000000
Shares after: 155,275
Date: 15 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,006
Exercise price
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents the settlement of performance share units with respect to the performance period January 1, 2020 to December 31, 2022.

Footnote F2

Includes 134 shares acquired under the Churchill Downs Incorporated Employee Stock Purchase Plan for the period from August 1, 2021 through July 31, 2022.

Footnote F3

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.

Footnote F4

Restricted stock vests over a multi-year period.