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

Signature
Christine A. Shreve
Issuer symbol
CHH
Transactions as of
29 Feb 2024
Net transactions value
+$300,111
Form type
4
Filing time
04 Mar 2024, 17:21:07 UTC
Previous filing
06 Mar 2023
Next filing
06 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Other $0 +2,256 +0.22% $0.000000 1,011,104 02 Mar 2024 See Footnote F1
transaction CHH Common Stock Award $300,111 +2,681 +61% $111.94 7,064 29 Feb 2024 Direct F2
transaction CHH Common Stock Other $0 -2,256 -32% $0.000000 4,808 02 Mar 2024 Direct F2
holding CHH Common Stock 126,035 29 Feb 2024 See Footnote F3
holding CHH Common Stock 468,207 29 Feb 2024 See Footnote F4
holding CHH Common Stock 1,417,056 29 Feb 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.