ROBERTA BAINUM - 10 Aug 2021 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Role
10%+ Owner
Signature
Christine A. Shreve, POA
Issuer symbol
CHH
Transactions as of
10 Aug 2021
Net transactions value
+$23,049,880
Form type
4
Filing time
12 Aug 2021, 10:46:16 UTC
Next filing
10 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Other $23,049,880 +191,000 +14% $120.68 1,603,086 10 Aug 2021 See Footnote F1
holding CHH Common Stock 95,722 10 Aug 2021 See Footnote F2
holding CHH Common Stock 975,497 10 Aug 2021 See Footnote F3
holding CHH Common Stock 674,890 10 Aug 2021 See Footnote F4
holding CHH Common Stock 9,850 10 Aug 2021 See Footnote F5
holding CHH Common Stock 275,719 10 Aug 2021 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 the Roberta Bainum Declaration of Trust ("Roberta Bainum Trust"). Ms. Bainum is the trustee and the sole current beneficiary. Shares owned by a trust for the benefit of Ms. Bainum's descendants were transferred to Ms. Bainum in satisfaction of amounts due to her from the trust.
F2 The proportionate interest of the Roberta Bainum Trust in shares (978,482) owned by Mid Pines Associates, L.P.("Mid Pines") in which Ms. Bainum has shared voting authority.
F3 The proportionate interest of the Roberta Bainum Trust in shares (6,821,574) owned by Realty Investment Company, Inc. ("Realty") an investment company in which Ms. Bainum is a non-controlling shareholder and shares voting authority. Realty owns Choice stock as well as other assets.
F4 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.
F5 The proportionate interest in shares owned by Realty (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.
F6 Shares owned by a Grantor Retained Annuity Trust for the benefit of Ms. Bainum and her descendants.