Patrick Pacious - May 14, 2021 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Signature
Emanuel Strauss, Attorney In Fact
Stock symbol
CHH
Transactions as of
May 14, 2021
Transactions value $
-$4,134,433
Form type
4
Date filed
5/17/2021, 03:35 PM
Previous filing
May 14, 2021
Next filing
Sep 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Options Exercise $2.29M +36.1K +18.32% $63.47 233K May 14, 2021 Direct F1
transaction CHH Common Stock Sale -$245K -2.1K -0.9% $116.53 231K May 14, 2021 Direct F1, F2
transaction CHH Common Stock Sale -$787K -6.68K -2.89% $117.75 224K May 14, 2021 Direct F1, F3
transaction CHH Common Stock Sale -$3.26M -27.5K -12.23% $118.68 197K May 14, 2021 Direct F1, F4
transaction CHH Common Stock Sale -$2.14M -17.9K -9.07% $119.54 179K May 14, 2021 Direct F1, F5

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 -36.1K -100% $0.00* 0 May 14, 2021 Common 36.1K $63.47 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All transactions are made pursuant to a 10b5-1 plan.
F2 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $116.08 to $116.80, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $117.13 to $118.12, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $118.17 to $119.16, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $119.18 to $120.00, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 Options vested in four annual installments beginning on the first anniversary of the February 27, 2015 grant date.