Churchill Downs Inc — Director's Dealing 2016

Jun 22, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHURCHILL DOWNS Inc (CHDN)
CIK: 0000020212
Period of Report: 2016-06-13

Reporting Person: DUCHOSSOIS RICHARD L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-13	Common Stock	G	100.0000	$0.0000	Disposed	165947.0000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7204.9513	Direct
Common Stock	2000000.0000	Indirect
Common Stock	137141.0000	Indirect
Common Stock	3373.0000	Indirect

Footnotes

F1: This transaction involved a gift of securities by the reporting person to his grandchild, who does not share the reporting person's household.

F2: The holding is comprised of restricted stock units granted for service as a director, phantom stock units granted in connection with a deferred compensation elections and dividends awarded for such units. The equivalent shares of common stock related to these units will be transferred upon the reporting person's completion of service as a director.

F3: The Duchossois Group, Inc. transferred its shares to its wholly owned subsidiary, CDI Holdings, LLC in 2016.

F4: Richard L. Duchossois and Craig J. Duchossois, by virtue of their relationship with Spring Creek Investors II, LLC may be deemed to beneficially own the shares of CHDN.

F5: Richard L. Duchossois and Craig J. Duchossois, by virtue of their relationship with The Chamberlain Group, Inc. and The Duchossois Group, Inc., may be deemed to beneficially own the shares of CHDN that are held by The Chamberlain Group, Inc.