Roberta 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, 12:14 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 -170K -42.54% $0.00 230K Aug 31, 2023 See Footnote F1
transaction CHH Common Stock Other $0 +170K +8.54% $0.00 2.16M Aug 31, 2023 See Footnote F2
holding CHH Common Stock 95.7K Dec 31, 2023 See Footnote F3
holding CHH Common Stock 975K Dec 31, 2023 See Footnote F4
holding CHH Common Stock 5K Dec 31, 2023 See Footnote F5
holding CHH Common Stock 9.85K Dec 31, 2023 See Footnote F6
* 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 Ms. Bainum and her descendants. Shares were distributed to the Roberta Bainum.
F2 Shares owned by the Roberta Bainum Declaration of Trust ("Roberta Bainum Trust") for which Ms. Bainum is the sole trustee and current beneficiary. Shares were distributed from a Grantor Retained Annuity Trust to Ms. Bainum and contributed to the Roberta Bainum Trust.
F3 The proportionate interest of the Roberta Bainum Trust in shares (910,330) owned by Mid Pines Associates, L.P. ("Mid Pines") an entity in which the Roberta Bainum Trust has shared voting authority.
F4 The proportionate interest of the Roberta Bainum 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 Ms. Bainum is a noncontrolling shareholder and shares voting authority. White Oak Enterprises owns Choice stock as well as other assets.
F5 The proportionate interest of Ms. Bainum and the Roberta Bainum Trust, in shares owned by Sweetwater Holdings, LLC ("Sweetwater") a family investment entity in which Ms. Bainum shares voting authority.
F6 The proportionate interest in shares owned by White Oak Enterprises (6,821,574) of an individual trust for the benefit of Ms. Bainum's adult son for which Ms. Bainum is the trustee. Beneficial ownership is disclaimed.