Bruce Bainum - Dec 31, 2022 Form 5 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
Dec 31, 2022
Transactions value $
$0
Form type
5
Date filed
2/1/2023, 12:09 PM
Previous filing
Feb 10, 2022
Next filing
Jan 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Other $0 +69.9K +4.14% $0.00 1.76M Mar 12, 2022 See Footnote F1
transaction CHH Common Stock Other $0 +828K +47.11% $0.00 2.59M Aug 18, 2022 See Footnote F1
transaction CHH Common Stock Other $0 -400K -15.47% $0.00 2.19M Aug 26, 2022 See Footnote F1
transaction CHH Common Stock Other $0 -828K -99.4% $0.00 5K Aug 18, 2022 See Footnote F5
transaction CHH Common Stock Other $0 -69.9K -21.48% $0.00 256K Mar 12, 2022 See Footnote F7
transaction CHH Common Stock Other $0 +400K +156.56% $0.00 656K Aug 26, 2022 See Footnote F7
holding CHH Common Stock 131K Dec 31, 2022 See Footnote F2
holding CHH Common Stock 922K Dec 31, 2022 See Footnote F3
holding CHH Common Stock 195K Dec 31, 2022 See Footnote F4
holding CHH Common Stock 6.6K Dec 31, 2022 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 Bruce Bainum Declaration of Trust ("Bruce Trust") for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from Posadas Holdings, LLC and a Grantor Retained Annuity Trust to Dr. Bainum. Additional shares were contributed by Dr. Bainum to a new Grantor Retained Annuity Trust.
F2 The proportionate interest of the Bruce Trust in shares (978,482) owned by Mid Pines Associates, L.P. ("Mid Pines") an entity in which the Bruce Trust has shared voting authority.
F3 The proportionate interest of the Bruce Trust in shares (6,821,574) owned by Realty Investment Co. Inc., ("Realty") an investment company in which Dr. Bainum is a noncontrolling shareholder and shares voting authority. Realty owns Choice stock as well as other assets.
F4 The proportionate interest in shares owned by Realty (6,821,574) of individual trusts for the benefit of Dr. Bainum's adult children for which Dr. Bainum is the trustee. Beneficial ownership is disclaimed.
F5 The proportionate interest of Dr. Bainum and the Bruce Trust, in shares owned by Posadas Holdings, LLC, ("Posadas") a family investment entity in which Dr. Bainum shares voting authority. Shares were distributed to the Bruce Trust.
F6 Shares owned by a trust for the benefit of Dr. Bainum's descendants for which Dr. Bainum is the trustee. Beneficial ownership is disclaimed.
F7 Shares owned by two Grantor Retained Annuity Trusts for the benefit of Dr. Bainum and his descendants. Shares were distributed to the Bruce Trust. Shares were also contributed to a new Grantor Retained Annuity Trust.