Patrick Pacious - Mar 2, 2023 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Signature
Emanuel Strauss, Attorney In Fact
Stock symbol
CHH
Transactions as of
Mar 2, 2023
Transactions value $
-$4,822,711
Form type
4
Date filed
3/6/2023, 03:33 PM
Previous filing
Feb 23, 2023
Next filing
Jul 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Award $0 +13.9K +3.81% $0.00 379K Mar 2, 2023 Direct F1
transaction CHH Common Stock Award $0 +9.74K +2.57% $0.00 388K Mar 2, 2023 Direct F2
transaction CHH Common Stock Award $0 +17.7K +4.56% $0.00 406K Mar 2, 2023 Direct F3
transaction CHH Common Stock Award $0 +42.1K +10.38% $0.00 448K Mar 2, 2023 Direct F4
transaction CHH Common Stock Tax liability -$4.82M -39K -8.7% $123.71 409K Mar 2, 2023 Direct

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 Option Award $0 +11.7K $0.00 11.7K Mar 2, 2023 Common Stock 11.7K $123.71 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As a result of Company performance against pre-approved financial targets applicable to performance vested restricted stock units previously granted, as certified and vested on March 2, 2023 for the period of January 1, 2020 through December 31, 2022, the reporting person acquired 13,903 shares of Common Stock.
F2 As a result of Company performance against pre-approved financial targets applicable to performance vested restricted stock units previously granted, as certified and vested on March 2, 2023 for the period of January 1, 2020 through December 31, 2022, the reporting person acquired 9,740 shares of Common Stock.
F3 As a result of Company performance against pre-approved financial targets applicable to performance vested restricted stock units previously granted, as certified and vested on March 2, 2023 for the period of January 1, 2020 through December 31, 2022, the reporting person acquired 17,707 shares of Common Stock.
F4 As a result of Company performance against pre-approved financial targets applicable to performance vested restricted stock units previously granted, as certified on March 2, 2023 for the period of January 1, 2021 through December 31, 2022, the reporting person acquired 42,149 stock-settled restricted stock units that will vest following a service period ending March 2, 2024.
F5 Options vest in four equal annual installments beginning on March 2, 2024.