Patrick Cimerola - 22 Nov 2024 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Role
Chief Human Resources Officer
Signature
Sharon Houle Randall, Attorney In Fact
Issuer symbol
CHH
Transactions as of
22 Nov 2024
Net transactions value
-$1,267,449
Form type
4
Filing time
26 Nov 2024, 16:59:35 UTC
Previous filing
06 Nov 2024
Next filing
21 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Options Exercise $56,351 +691 +3.8% $81.55 18,766 22 Nov 2024 Direct F1
transaction CHH Common Stock Options Exercise $84,153 +1,037 +5.5% $81.15 19,803 22 Nov 2024 Direct F1
transaction CHH Common Stock Options Exercise $109,536 +1,200 +6.1% $91.28 21,003 22 Nov 2024 Direct F1
transaction CHH Common Stock Options Exercise $250,849 +2,392 +11% $104.87 23,395 22 Nov 2024 Direct F1
transaction CHH Common Stock Sale $259,200 -1,728 -7.4% $150.00 21,667 22 Nov 2024 Direct F1
transaction CHH Common Stock Sale $703,847 -4,692 -22% $150.01 16,975 22 Nov 2024 Direct F1, F2
transaction CHH Common Stock Options Exercise $187,946 +2,059 +12% $91.28 19,034 25 Nov 2024 Direct F1
transaction CHH Common Stock Options Exercise $41,738 +398 +2.1% $104.87 19,432 25 Nov 2024 Direct F1
transaction CHH Common Stock Sale $74,737 -496 -2.6% $150.68 18,936 25 Nov 2024 Direct F1, F3
transaction CHH Common Stock Sale $146,232 -963 -5.1% $151.85 17,973 25 Nov 2024 Direct F1, F4
transaction CHH Common Stock Sale $91,464 -600 -3.3% $152.44 17,373 25 Nov 2024 Direct F1
transaction CHH Common Stock Sale $59,963 -398 -2.3% $150.66 16,975 25 Nov 2024 Direct F1
transaction CHH Common Stock Sale $75,395 -500 -2.9% $150.79 16,475 25 Nov 2024 Direct F1, F5
transaction CHH Common Stock Sale $343,232 -2,259 -14% $151.94 14,216 25 Nov 2024 Direct F1, F6
transaction CHH Common Stock Sale $243,952 -1,600 -11% $152.47 12,616 25 Nov 2024 Direct F1, F7

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 Options Options Exercise $0 -691 -100% $0.000000 0 22 Nov 2024 Common Stock 691 $81.55 Direct F1, F8
transaction CHH Employee Stock Options Options Exercise $0 -1,037 -100% $0.000000 0 22 Nov 2024 Common Stock 1,037 $81.15 Direct F1, F9
transaction CHH Employee Stock Options Options Exercise $0 -1,200 -100% $0.000000 0 22 Nov 2024 Common Stock 1,200 $91.28 Direct F1, F10
transaction CHH Employee Stock Options Options Exercise $0 -2,392 -100% $0.000000 0 22 Nov 2024 Common Stock 2,392 $104.87 Direct F1, F11
transaction CHH Employee Stock Options Options Exercise $0 -2,059 -100% $0.000000 0 25 Nov 2024 Common Stock 2,059 $91.28 Direct F1, F10
transaction CHH Employee Stock Options Options Exercise $0 -398 -100% $0.000000 0 25 Nov 2024 Common Stock 398 $104.87 Direct F1, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 14, 2024.
F2 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $150.00 to $150.08, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $150.10 to $151.05, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $151.21 to $152.20, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $150.15 to $151.11, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $151.42 to $152.29, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $152.43 to $152.52, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 Options vested in four equal annual installments beginning on March 2, 2019.
F9 Options vested in four equal annual installments beginning on March 2, 2020.
F10 Options vested in four equal annual installments beginning on March 2, 2021.
F11 Options vest in four equal annual installments beginning on March 2, 2022.