Elizabeth A. Redmond - Aug 27, 2021 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Signature
Emanuel Strauss, attorney in fact
Stock symbol
CHH
Transactions as of
Aug 27, 2021
Transactions value $
-$190,314
Form type
4
Date filed
8/27/2021, 06:40 PM
Next filing
Sep 24, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Options Exercise $213K +3.35K +31.2% $63.47 14.1K Aug 27, 2021 Direct F1
transaction CHH Common Stock Sale -$403K -3.35K -23.78% $120.28 10.7K Aug 27, 2021 Direct F1, 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 Options Options Exercise $0 -3.35K -100% $0.00* 0 Aug 27, 2021 Common Stock 3.35K $63.47 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All transactions are made pursuant to a 10b-1 trading plan.
F2 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $120.00 and $120.71, 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 Options vested in four equal annual installments beginning on the first anniversary of the February 27, 2015 grant date.