Stewart Bainum Jr. - 02 Mar 2023 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Signature
Christine A. Shreve, Attorney-in-fact
Issuer symbol
CHH
Transactions as of
02 Mar 2023
Net transactions value
+$268,123
Form type
4
Filing time
06 Mar 2023, 07:44:13 UTC
Previous filing
01 Feb 2023
Next filing
04 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Other $0 +2,513 +0.25% $0.000000 1,008,848 02 Mar 2023 See Footnote F1
transaction CHH Common Stock Award $268,123 +2,167 +46% $123.73 6,896 02 Mar 2023 Direct F5
transaction CHH Common Stock Other $0 -2,513 -36% $0.000000 4,383 02 Mar 2023 Direct F5
holding CHH Common Stock 126,035 02 Mar 2023 See Footnote F2
holding CHH Common Stock 468,207 02 Mar 2023 See Footnote F3
holding CHH Common Stock 1,417,056 02 Mar 2023 See Footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares owned by Stewart Bainum Jr. Declaration of Trust ("Stewart Bainum Jr. Trust") in which Mr. Bainum, Jr. is a trustee and sole current beneficiary.
F2 The proportionate interest of the Stewart Bainum, Jr. Trust in shares (978,482) owned by Mid Pines Associates, L.P.("Mid Pines"), an entity in which the Stewart Bainum Jr. Trust has shared voting authority.
F3 The proportionate interest of the Stewart Bainum, Jr. Trust in shares (6,821,574) owned by Realty Investment Company, Inc. ("Realty") a family real estate investment and management company in which Mr. Bainum, Jr. is a non-controlling shareholder and has shared voting authority. Realty owns Choice stock as well as other assets and liabilities.
F4 Shares owned by Leeds Creek Holdings, LLC, ("Leeds Creek") an entity in which the Stewart Bainum Jr. Trust is the sole owner and managing member.
F5 Represents restricted stock which vests in three equal installments on the first, second and third anniversary of the grant date.