Stewart Bainum Jr - Feb 29, 2024 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Signature
Christine A. Shreve
Stock symbol
CHH
Transactions as of
Feb 29, 2024
Transactions value $
$300,111
Form type
4
Date filed
3/4/2024, 05:21 PM
Previous filing
Mar 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Other $0 +2.26K +0.22% $0.00 1.01M Mar 2, 2024 See Footnote F1
transaction CHH Common Stock Award $300K +2.68K +61.17% $111.94 7.06K Feb 29, 2024 Direct F2
transaction CHH Common Stock Other $0 -2.26K -31.94% $0.00 4.81K Mar 2, 2024 Direct F2
holding CHH Common Stock 126K Feb 29, 2024 See Footnote F3
holding CHH Common Stock 468K Feb 29, 2024 See Footnote F4
holding CHH Common Stock 1.42M Feb 29, 2024 See Footnote F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares owned by Stewart Bainum Jr. Declaration of Trust ("Stewart Bainum Jr. Trust") in which Mr. Bainum, Jr. is a trustee and sole current beneficiary.
F2 Represents restricted stock which vests in three equal installments on the first, second and third anniversary of the grant date.
F3 The proportionate interest of the Stewart Bainum Jr. Trust in shares (910,330) owned by Mid Pines Associates, L.P. ("Mid Pines") an entity in which the Stewart Bainum Jr. Trust has shared voting authority.
F4 The proportionate interest of the Stewart Bainum, Jr. 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 Mr. Bainum, Jr. is a non-controlling shareholder and shares voting authority. White Oak Enterprises owns Choice stock as well as other assets.
F5 Shares owned by Leeds Creek Holdings, LLC ("Leeds Creek"), an entity in which the Stewart Bainum Jr. Trust is the sole owner and managing member.