William C. Carstanjen - Feb 8, 2024 Form 4 Insider Report for Churchill Downs Inc (CHDN)

Role
Chief Executive Officer
Signature
Paula Chumbley as Attorney-in-Fact for William C. Carstanjen
Stock symbol
CHDN
Transactions as of
Feb 8, 2024
Transactions value $
-$3,195,171
Form type
4
Date filed
2/12/2024, 05:26 PM
Previous filing
Jan 9, 2024
Next filing
Nov 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHDN Common Stock Award $0 +58K +3.97% $0.00 1.52M Feb 8, 2024 Direct F1
transaction CHDN Common Stock Tax liability -$3.2M -26K -1.71% $123.00 1.49M Feb 8, 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 +27.6K +6.88% $0.00 430K Feb 8, 2024 Common Stock 27.6K 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.