CHURCHILL DOWNS INC

Ticker: CHDN CUSIP: 171484108 Class: COM

Granahan Investment Management, LLC's Holding History (CIK: 0001026710)

Note: Option positions (PUT/CALL) are excluded.

Q4 2015

Shares 37,562 Value ($000) $5,315 Avg Close $22.56 Range $20.65 - $24.17

Q3 2015

Shares 47,506 Value ($000) $6,357 Avg Close $21.02 Range $18.69 - $22.64

Q2 2015

Shares 90,590 Value ($000) $11,328 Avg Close $19.13 Range $17.68 - $20.38

Q1 2015

Shares 160,090 Value ($000) $18,406 Avg Close $16.25 Range $14.30 - $18.21

Q4 2014

Shares 271,700 Value ($000) $25,893 Avg Close $15.30 Range $14.35 - $16.50

Q3 2014

Shares 299,600 Value ($000) $29,211 Avg Close $14.42 Range $13.39 - $15.52

Q2 2014

Shares 299,600 Value ($000) $26,997 Avg Close $13.69 Range $13.09 - $14.48

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	37,562	$5,315	$22.56	$20.65 - $24.17
Q3 2015	47,506	$6,357	$21.02	$18.69 - $22.64
Q2 2015	90,590	$11,328	$19.13	$17.68 - $20.38
Q1 2015	160,090	$18,406	$16.25	$14.30 - $18.21
Q4 2014	271,700	$25,893	$15.30	$14.35 - $16.50
Q3 2014	299,600	$29,211	$14.42	$13.39 - $15.52
Q2 2014	299,600	$26,997	$13.69	$13.09 - $14.48