Rankin R Alex 4
4 · CHURCHILL DOWNS Inc · Filed Apr 24, 2020
Insider Transaction Report
Form 4
Rankin Richard Alex
Director
Transactions
- Award
Common Stock
2020-04-21+1,775.69→ 43,222.95 total
Footnotes (3)
- [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 CHND 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]Includes restricted stock units granted for service as a director and dividends awarded for such units. 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.