Bruce Bainum - Dec 31, 2021 Form 5 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Role
10%+ Owner
Signature
Christine A. Shreve, POA
Stock symbol
CHH
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
5
Date filed
2/10/2022, 09:01 AM
Previous filing
Aug 12, 2021
Next filing
Feb 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Other $0 +74.6K +4.62% $0.00 1.69M Mar 12, 2021 See Footnote F1
transaction CHH Common Stock Other $0 -4.44K -2.23% $0.00 195K Nov 10, 2021 See Footnote F4
transaction CHH Common Stock Other $0 -2.03K -100% $0.00* 0 Nov 10, 2021 See Footnote F5
transaction CHH Common Stock Other $0 -74.6K -18.65% $0.00 325K Mar 12, 2021 See Footnote F8
holding CHH Common Stock 131K Dec 31, 2021 See Footnote F2
holding CHH Common Stock 922K Dec 31, 2021 See Footnote F3
holding CHH Common Stock 833K Dec 31, 2021 See Footnote F6
holding CHH Common Stock 6.6K Dec 31, 2021 See Footnote F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares owned by the Bruce Bainum Declaration of Trust ("Bruce Trust") for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from a Grantor Retained Annuity Trust for the benefit of Dr. Bainum.
F2 The proportionate interest of the Bruce Trust in shares (978,482) owned by Mid Pines Associates, L.P. ("Mid Pines") an entity in which the Bruce Trust has shared voting authority.
F3 The proportionate interest of the Bruce Trust in shares (6,821,574) owned by Realty Investment Co. Inc., ("Realty") an investment company in which Dr. Bainum is a noncontrolling shareholder and shares voting authority. Realty owns Choice stock as well as other assets.
F4 The proportionate interest in shares owned by Realty (6,821,574) of individual trusts for the benefit of Dr. Bainum's adult children for which Dr. Bainum is the trustee. Beneficial ownership is disclaimed. Shares were distributed to Dr. Bainum's adult son.
F5 The proportionate interest in shares owned by Mid Pines (978,482) of individual trusts for the benefit of Dr. Bainum's adult children for which Dr. Bainum is the trustee. Beneficial ownership is disclaimed. Shares were distributed to Dr. Bainum's adult son.
F6 The proportionate interest of Dr. Bainum and the Bruce Trust, in shares owned by Posadas Holdings, LLC, ("Posadas") a family investment entity in which Dr. Bainum shares voting authority.
F7 Shares owned by a trust for the benefit of Dr. Bainum's descendants for which Dr. Bainum is the trustee. Beneficial ownership is disclaimed.
F8 Shares owned by a Grantor Retained Annuity Trust for the benefit of Dr. Bainum and his descendants. Shares were distributed to the Bruce Trust.