Patrick Cimerola - Feb 29, 2024 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Role
Chief Human Resources Officer
Signature
Emanuel Strauss, Attorney In Fact
Stock symbol
CHH
Transactions as of
Feb 29, 2024
Transactions value $
-$347,063
Form type
4
Date filed
3/4/2024, 05:58 PM
Previous filing
Feb 26, 2024
Next filing
Apr 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Award $0 +894 +2.87% $0.00 32K Feb 29, 2024 Direct F1
transaction CHH Common Stock Tax liability -$347K -3.16K -9.86% $109.83 28.9K Mar 2, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CHH Employee Stock Option Award $0 +4.95K $0.00 4.95K Feb 29, 2024 Common Stock 4.95K $111.94 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As a result of Company performance against pre-approved financial targets applicable to performance vested restricted stock units previously granted, as certified on February 29, 2024 for the period of January 1, 2021 through December 31, 2023, the reporting person acquired 894 stock-settled restricted stock units that vested March 2, 2024.
F2 Represents shares withheld to satisfy tax withholding obligations in connection with vestings. No shares were sold.
F3 Options vest in four equal annual installments beginning on March 2, 2025.