Bruce Bainum - Dec 31, 2023 Form 5 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Role
10%+ Owner
Signature
Christine A. Shreve, Attorney-in-fact
Stock symbol
CHH
Transactions as of
Dec 31, 2023
Transactions value $
$0
Form type
5
Date filed
1/19/2024, 12:11 PM
Previous filing
Feb 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Other $0 -256K -38.98% $0.00 400K Mar 12, 2023 See Footnote F1
transaction CHH Common Stock Other $0 -179K -44.69% $0.00 221K Aug 30, 2023 See Footnote F1
transaction CHH Common Stock Other $0 +97.8K +4.47% $0.00 2.28M Mar 12, 2023 See Footnote F2
transaction CHH Common Stock Other $0 +179K +7.83% $0.00 2.46M Aug 30, 2023 See Footnote F2
holding CHH Common Stock 131K Dec 31, 2023 See Footnote F3
holding CHH Common Stock 922K Dec 31, 2023 See Footnote F4
holding CHH Common Stock 195K Dec 31, 2023 See Footnote F5
holding CHH Common Stock 5K Dec 31, 2023 See Footnote F6
holding CHH Common Stock 6.6K Dec 31, 2023 See Foonote F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares owned by a Grantor Retained Annuity trust for the benefit of Dr. Bainum and his descendants. Shares from two Grantor Retained Annuity Trusts were distributed to Dr. Bainum and to a trust for his descendants.
F2 Shares owned by the Bruce Bainum Declaration of Trust ("Bruce Trust") for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from two Grantor Retained Annuity Trusts to Dr. Bainum and he contributed them to the Bruce Trust.
F3 The proportionate interest of the Bruce Trust in shares (910,330) owned by Mid Pines Associates, L.P. ("Mid Pines") an entity in which the Bruce Trust has shared voting authority.
F4 The proportionate interest of the Bruce Trust in shares (6,821,574) owned by White Oak Enterprises, Inc. (f/k/a Realty Investment Company, Inc.) ("White Oak Enterprises"), an investment company in which Dr. Bainum is a noncontrolling shareholder and shares voting authority. White Oak Enterprises owns Choice stock as well as other assets.
F5 The proportionate interest in shares owned by White Oak Enterprises (6,821,574) of individual trusts for the benefit of Dr. Bainum's adult children for which Dr. Bainum is the trustee. Beneficial ownership is disclaimed.
F6 The proportionate interest of Dr. Bainum and the Bruce Trust, in shares owned by Posadas Holdings, LLC ("Posadas") a family investment entity in which Dr. Bainum shares voting authority.
F7 Shares owned by a trust for the benefit of Dr. Bainum's descendants for which Dr. Bainum is the trustee. Beneficial ownership is disclaimed.