Patrick Pacious - May 13, 2021 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
May 13, 2021
Transactions value $
-$1,282,725
Form type
4
Date filed
5/14/2021, 11:56 AM
Next filing
May 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Options Exercise $566K +8.92K +4.41% $63.47 211K May 13, 2021 Direct
transaction CHH Common Stock Sale -$1.03M -8.92K -4.22% $115.47 202K May 13, 2021 Direct F1, F2
transaction CHH Common Stock Options Exercise $100K +1.58K +0.78% $63.47 204K May 13, 2021 Direct
transaction CHH Common Stock Options Exercise $100K +1.94K +0.95% $51.49 206K May 13, 2021 Direct
transaction CHH Common Stock Sale -$1.02M -8.82K -4.28% $115.47 197K May 13, 2021 Direct F1, 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 (right to buy) Options Exercise $0 -8.92K -19.81% $0.00 36.1K May 13, 2021 Common 8.92K $63.47 Direct F3
transaction CHH Employee Stock Option (right to buy) Options Exercise $0 -1.58K -100% $0.00* 0 May 13, 2021 Common 1.58K $63.47 Direct F3
transaction CHH Employee Stock Option (right to buy) Options Exercise $0 -1.94K -100% $0.00* 0 May 13, 2021 Common 1.94K $51.49 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale made pursuant to a 10b5-1 trading plan.
F2 Average price reflects a series of transactions between $115.00 and $116.03.
F3 Options vested in four annual installments beginning on the first anniversary of the February 27, 2015 grant date.
F4 Options vested in four annual installments beginning on the first anniversary of the February 26, 2016 grant date.