Churchill Downs Inc — Director's Dealing 2020

Apr 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHURCHILL DOWNS Inc (CHDN)
CIK: 0000020212
Period of Report: 2020-04-21

Reporting Person: Bridgeman Ulysses L Jr (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-21	Common Stock	A	1775.6900	$0.0000	Acquired	21625.3200	Direct

Footnotes

F1: Restricted stock units granted in connection with 2020 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 21, 2020, 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: The holding is comprised of restricted stock units granted for service as a director, phantom stock units granted in connection with deferred compensation elections and dividends awarded for such units. The equivalent shares of common stock related to vested units will be transferred upon the reporting person's completion of service as a director.