William E. Mudd - 08 Feb 2024 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Role: President and COO
Signature: Paula Chumbley Attorney-in-Fact for William E. Mudd
Issuer symbol: CHDN
Transactions as of: 08 Feb 2024
Net transactions value: -$1,476,861
Form type: 4
Filing time: 12 Feb 2024, 17:25:47 UTC
Previous filing: 03 Jan 2024
Next filing: 01 Nov 2024
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	+26,360	+4.3%	$0.000000	637,500	08 Feb 2024	Direct	F1
transaction	CHDN	Common Stock	Tax liability	$1,476,861	-12,007	-1.9%	$123.00	625,493	08 Feb 2024	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	+12,198	+6%	$0.000000	214,590	08 Feb 2024	Common Stock	12,198		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, 2021 to December 31, 2023.
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, 2024, December 31, 2025 and December 31, 2026.
F3	Restricted stock vests over a multi-year period.