Churchill Downs Inc — Director's Dealing 2019

Feb 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHURCHILL DOWNS Inc (CHDN)
CIK: 0000020212
Period of Report: 2019-02-13

Reporting Person: Miller Austin W. (Section 16)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-17	Common Stock	M	3063.0000	$95.1100	Acquired	47388.0000	Direct
2019-02-17	Common Stock	F	994.0000	$95.1100	Disposed	46394.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-13	Restricted Stock Units	$	A	5004.0000	Acquired		Common Stock (5004.0000)	Direct
2019-02-17	Restricted Stock Units	$	M	3063.0000	Disposed		Common Stock (3063.0000)	Direct

Footnotes

F1: On January 25, 2019, Churchill Downs Incorporated effected a 3-for-1 stock split. The number of securities reported in this Form 4 have been adjusted to reflect the stock split. Includes 366 shares acquired under the Churchill Downs Incorporated Employee Stock Purchase Plan for the period from August 1, 2017 through July 31, 2018.

F2: Restricted stock units do not have a conversion price or expiration date and will be settled in common stock vesting in one-third increments on each of December 31, 2019, December 31, 2020 and December 31, 2021.

F3: Restricted stock vests over a multi-year period.

F4: On January 25, 2019, Churchill Downs Incorporated effected a 3-for-1 stock split. The number of derivative securities reported in this Form 4 have been adjusted to reflect the stock split.