Patrick Pacious - Feb 22, 2024 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Role
President & CEO, Director
Signature
Emanuel Strauss, Attorney In Fact
Stock symbol
CHH
Transactions as of
Feb 22, 2024
Transactions value $
-$935,161
Form type
4
Date filed
2/26/2024, 12:41 PM
Previous filing
Jan 29, 2024
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Options Exercise $2.27M +37.6K +9.17% $60.50 447K Feb 22, 2024 Direct
transaction CHH Common Stock Options Exercise $99.9K +1.65K +0.37% $60.50 448K Feb 22, 2024 Direct
transaction CHH Common Stock Tax liability -$3.21M -28.1K -6.26% $114.19 420K Feb 22, 2024 Direct F1
transaction CHH Common Stock Tax liability -$99.9K -875 -0.21% $114.19 420K Feb 22, 2024 Direct F2

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 Options Exercise $0 -37.6K -100% $0.00* 0 Feb 22, 2024 Common Stock 37.6K $60.50 Direct F3
transaction CHH Employee Stock Option Options Exercise $0 -1.65K -100% $0.00* 0 Feb 22, 2024 Common Stock 1.65K $60.50 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to satisfy the option exercise price and related tax withholding obligation in connection with the exercise of the option. No shares were sold.
F2 Represents shares delivered to satisfy the option exercise price. No shares were sold.
F3 Options vested in four equal annual installments beginning on the first anniversary of the February 24, 2017 grant date.