Douglas C. Grissom - Jun 30, 2023 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Role
Director
Signature
Paula Chumbley, Attorney-in-Fact for Douglas C. Grissom
Stock symbol
CHDN
Transactions as of
Jun 30, 2023
Transactions value $
$0
Form type
4
Date filed
7/5/2023, 04:03 PM
Previous filing
Apr 27, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHDN Common Stock Award $0 +233 +0.99% $0.00 23.7K Jun 30, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom share units awarded in connection with the election to defer compensation. Each phantom share unit is the economic equivalent of one share of common stock. The shares of common stock are transferred upon the reporting person's completion of service as a director.
F2 The closing price of CHDN common stock on June 30, 2023, was used to determine the number of phantom shares awarded.
F3 On May 19, 2023, Churchill Downs Incorporated effected a 2-for-1 stock split. The number of securities reported in this Form 4 have been adjusted to reflect the stock split. The holding is comprised of restricted stock units granted for service as a director, phantom share units granted in connection with deferred compensation elections and dividends awarded for each unit.