Barbara Bainum - Nov 29, 2022 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Role
10%+ Owner
Signature
Christine A. Shreve, Attorney-in-fact
Stock symbol
CHH
Transactions as of
Nov 29, 2022
Transactions value $
-$64,186
Form type
4
Date filed
12/1/2022, 08:48 AM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Other $0 +1.17M +113.5% $0.00 2.2M Nov 29, 2022 See Footnote F1
transaction CHH Common Stock Gift -$64.2K -532 -0.02% $120.65 2.2M Nov 29, 2022 See Footnote F1
transaction CHH Common Stock Other $0 -1.17M -99.57% $0.00 5K Nov 29, 2022 See Footnote F4
holding CHH Common Stock 87.6K Nov 29, 2022 See Footnote F2
holding CHH Common Stock 207K Nov 29, 2022 See Footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares owned by the Barbara Bainum Declaration of Trust (the "BB Trust") in which Ms. Bainum is the sole trustee and current beneficiary. Shadow Holdings, LLC distributed 1,170,000 shares of common stock of the Issuer. The transfer involved no consideration. Separately, the BB Trust gifted 532 shares.
F2 The proportionate interest of the BB Trust in shares (978,482) owned by Mid Pines Associates, L.P. ("Mid Pines"), in which the BB Trust has shared voting authority.
F3 The proportionate interest of the BB Trust in shares (6,821,574) owned by Realty Investment, Co, Inc.("Realty"), a family real estate investment and management company in which Ms. Bainum is a noncontrolling shareholder and has shared voting authority. Realty owns Choice stock as well as other assets and liabilities.
F4 Shares owned by Shadow Holdings, LLC, a Limited Liability Company owned by Ms. Bainum and the BB Trust for which she shares voting authority.