Churchill Downs Inc — Director's Dealing 2019

Apr 25, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHURCHILL DOWNS Inc (CHDN)
CIK: 0000020212
Period of Report: 2019-04-23

Reporting Person: Rankin R Alex (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-23	Common Stock	A	1731.8400	$0.0000	Acquired	38562.6000	Direct

Footnotes

F1: Restricted stock units granted in connection with 2019 director service which will vest one year from the anniversary of the grant date. Each restricted stock unit is the economic equivalent of one share of common stock. The vested restricted stock units are transferred upon the reporting person's completion of service as a director. The closing price of CHDN common stock on April 23, 2019, was used to determine the number of restricted stock units granted.

F2: Restricted stock units do not have a conversion price or expiration date.

F3: Includes restricted stock units granted for service as a director and dividends awarded for each unit. The equivalent shares of common stock related to the vested units will be transferred upon the reporting person's completion of service as a director.