Churchill Downs Inc — Director's Dealing 2015

Feb 10, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHURCHILL DOWNS INC (CHDN)
CIK: 0000020212
Period of Report: 2015-02-09

Reporting Person: Mudd William E (President and CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-09	Restricted Stock	$	A	20000.0000	Acquired		Common Stock (20000.0000)	Direct

Footnotes

F1: Generally this stock does not have a conversion price, exercisable date or an expiration date.

F2: The restricted stock units will vest over a 2 year period. 2,500 on 12/31/2015; 2,500 on 12/31/2016; and 15,000 on 12/31/2017.