Sanchez Raul Ramirez - 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 $
-$86,968
Form type
4
Date filed
3/6/2023, 03:54 PM
Previous filing
Mar 4, 2022
Next filing
Dec 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Award $0 +387 +4.26% $0.00 9.48K Mar 2, 2023 Direct F1
transaction CHH Common Stock Award $0 +232 +2.45% $0.00 9.71K Mar 2, 2023 Direct F2
transaction CHH Common Stock Award $0 +1.38K +14.2% $0.00 11.1K Mar 2, 2023 Direct F3
transaction CHH Common Stock Tax liability -$87K -703 -6.34% $123.71 10.4K 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 +2.38K $0.00 2.38K Mar 2, 2023 Common Stock 2.38K $123.71 Direct F4
* 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 387 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 232 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 on March 2, 2023 for the period of January 1, 2021 through December 31, 2022, the reporting person acquired 1,379 stock-settled restricted stock units that will vest following a service period ending March 2, 2024.
F4 Options vest in four equal annual installments beginning on March 2, 2024.