David A. Pepper - Feb 15, 2022 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Role
Chief Development Officer
Signature
Emanuel Strauss, attorney in fact
Stock symbol
CHH
Transactions as of
Feb 15, 2022
Transactions value $
-$2,093,767
Form type
4
Date filed
2/16/2022, 09:37 AM
Previous filing
Jan 19, 2022
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Options Exercise $393K +7.63K +28.56% $51.49 34.3K Feb 15, 2022 Direct F1
transaction CHH Common Stock Options Exercise $699K +13.6K +39.55% $51.49 47.9K Feb 15, 2022 Direct F1
transaction CHH Common Stock Sale -$3.19M -21.2K -44.26% $150.22 26.7K Feb 15, 2022 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 Options Exercise $0 -7.63K -100% $0.00* 0 Feb 15, 2022 Common Stock 7.63K $51.49 Direct F1, F3
transaction CHH Enployee Stock Option Options Exercise $0 -13.6K -47.3% $0.00 15.1K Feb 15, 2022 Common Stock 13.6K $51.49 Direct F1, F3
* 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 $150.00 to $150.91, 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 Options vested in four equal annual installments beginning on the first anniversary of the February 26, 2016 grant date.