Patrick Pacious - 22 Feb 2023 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Reporting relationship: President & CEO, Director
Issuer ticker: CHH
Reported as of: 22 Feb 2023
Net transaction value: -$4,474,810
SEC form: 4
Accepted by SEC: 23 Feb 2023, 09:45:13 UTC
Prior SEC filing: 04 Mar 2022
Next SEC filing: 06 Mar 2023
Source filing: View source filing
Reporting owner signature: Emanuel Strauss, Attorney In Fact

Key filing fact

Patrick Pacious filed Form 4 for CHOICE HOTELS INTERNATIONAL INC /DE (CHH) on 23 Feb 2023.

Key facts

This page summarizes Patrick Pacious's Form 4 filing for CHOICE HOTELS INTERNATIONAL INC /DE (CHH).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 23 Feb 2023, 09:45.

Change

Previous filing in this sequence was filed on 04 Mar 2022.
Current net transaction value: -$4,474,810.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CHH transaction

Common Stock

Options Exercise

Transaction value: $765,090
Shares: +14,859
Change %: +4.1%
Price: $51.49
Shares after: 379,622
Date: 22 Feb 2023
Ownership: Direct
Footnotes: F1

CHH transaction

Common Stock

Options Exercise

Transaction value: $2,595,302
Shares: +50,404
Change %: +13%
Price: $51.49
Shares after: 430,026
Date: 22 Feb 2023
Ownership: Direct
Footnotes: F1

CHH transaction

Common Stock

Sale

Transaction value: $6,779,814
Shares: -56,522
Change %: -13%
Price: $119.95
Shares after: 373,504
Date: 22 Feb 2023
Ownership: Direct
Footnotes: F1, F2

CHH transaction

Common Stock

Sale

Transaction value: $1,055,388
Shares: -8,741
Change %: -2.3%
Price: $120.74
Shares after: 364,763
Date: 22 Feb 2023
Ownership: Direct
Footnotes: F1, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CHH transaction Derivative

Employee Stock Option

Options Exercise

Transaction value: $0
Shares: -14,859
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 14,859
Exercise price: $51.49
Footnotes: F1, F4

CHH transaction Derivative

Employee Stock Option

Options Exercise

Transaction value: $0
Shares: -50,404
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 22 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 50,404
Exercise price: $51.49
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

All transactions are made pursuant to a 10b5-1 plan.

Footnote F2

Weighted average price, as these shares were sold in multiple transactions at prices ranging from $119.55 to $120.54, 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.

Footnote F3

Weighted average price, as these shares were sold in multiple transactions at prices ranging from $120.55 to $121.07, 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.

Footnote F4

Options vested in four equal annual installments beginning on the first anniversary of the February 26, 2016 grant date.