Churchill Downs Inc — Director's Dealing 2016

Apr 4, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHURCHILL DOWNS Inc (CHDN)
CIK: 0000020212
Period of Report: 2016-03-31

Reporting Person: Evans Robert L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-31	Common Stock	M	65000.0000	—	Acquired	230628.0000	Direct
2016-03-31	Common Stock	F	27260.0000	$147.8800	Disposed	203368.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-31	Restricted Stock	$	M	65000.0000	Disposed		Common Stock (65000.0000)	Direct

Footnotes

F1: Each restricted stock unit represents a contractual right to receive one share of CHDN common stock.

F2: On July 18, 2006, the reporting person was granted 65,000 restricted stock units, vesting quarterly over five (5) years beginning on September 30, 2006. These vested restricted stock shares are to be delivered to the reporting person six (6) months after termination of employment, which was met on March 31, 2016.