Churchill Downs Inc — Director's Dealing 2019

Dec 23, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHURCHILL DOWNS Inc (CHDN)
CIK: 0000020212
Period of Report: 2019-12-19

Reporting Person: FEALY ROBERT L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-19	Common Stock	A	756.3760	$135.0400	Acquired	54274.3960	Direct

Footnotes

F1: Phantom share units held in connection with deferred compensation elections. 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 December 19, 2019 was used to determine the number of phantom shares awarded.

F3: The holding includes restricted stock units granted for service as a director, phantom share units granted in connection with deferred compensation elections and dividends awarded for each unit. The equivalent shares of common stock related to vested units will be transferred upon the reporting person's completion of service as a director.