Churchill Downs Inc — Director's Dealing 2017

Jan 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHURCHILL DOWNS Inc (CHDN)
CIK: 0000020212
Period of Report: 2016-12-31

Reporting Person: Dall Marcia A (EVP, and Chief Financial Offic)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-31	Common Stock	M	1110.0000	$150.4500	Acquired	3348.0000	Direct
2016-12-31	Common Stock	F	395.0000	$150.4500	Disposed	2953.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-31	Restricted Stock Units	$	M	1110.0000	Disposed		Common Stock (1110.0000)	Direct

Footnotes

F1: Restricted stock units do not have a conversion price or expiration date.

F2: Restricted stock units vest over a multi-year period.