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Churchill Downs Inc Director's Dealing 2017

Jul 6, 2017

30832_dirs_2017-07-05_cdd1551d-8b85-40f6-8cf0-c9bbcf9160a9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHURCHILL DOWNS Inc (CHDN)
CIK: 0000020212
Period of Report: 2017-06-30

Reporting Person: DUCHOSSOIS CRAIG J (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-06-30 Common Stock A 98.8820 $0.0000 Acquired 16554.1438 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1000000.0000 Indirect
Common Stock 17646.0000 Indirect
Common Stock 3373.0000 Indirect

Footnotes

F1: Phantom share units awarded in connection with the election to defer compensation. Each phantom share unit is the economic equivalent of one share of common stock. The shares of common stock are transferred upon the reporting persons completion of service as a director.

F2: The closing price of CHDN common stock on June 30, 2017 was used to determine the number of phantom shares awarded.

F3: 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 each unit.

F4: The Duchossois Group, Inc. (TDG) is the sole member and manager of CDI Holdings, LLC (Holdings). Craig Duchossois, by virtue of his relationshiph with TDG, may be deemed to beneficially own the shares of CHDN that are owned by Holdings and which TDG may be deemed to beneficially own. Craig Duchossois disclaims beneficial ownership with respect to the shares of CHDN owned by Holdings, except with respect to his pecuniary interest in such shares.

F5: Craig Duchossois, by virtue of his relationship with The Chamberlain Group, Inc. and TDG, may be deemed to beneficially own the shares of CHDN that are owned by The Chamberlain Group, Inc. and which TDG mahy be deemed to beneficially own. Craig Duchossois disclaims beneficial ownership with respect to the shares of CHDN owned by The Chamberlain Group, Inc., except with respect to his pencumiary interest in such shares.