Patrick Pacious - 02 Mar 2023 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Role
President & CEO, Director
Signature
Emanuel Strauss, Attorney In Fact
Issuer symbol
CHH
Transactions as of
02 Mar 2023
Net transactions value
-$4,822,711
Form type
4
Filing time
06 Mar 2023, 15:33:49 UTC
Previous filing
23 Feb 2023
Next filing
13 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Award $0 +13,903 +3.8% $0.000000 378,666 02 Mar 2023 Direct F1
transaction CHH Common Stock Award $0 +9,740 +2.6% $0.000000 388,406 02 Mar 2023 Direct F2
transaction CHH Common Stock Award $0 +17,707 +4.6% $0.000000 406,113 02 Mar 2023 Direct F3
transaction CHH Common Stock Award $0 +42,149 +10% $0.000000 448,262 02 Mar 2023 Direct F4
transaction CHH Common Stock Tax liability $4,822,711 -38,984 -8.7% $123.71 409,278 02 Mar 2023 Direct

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 Award $0 +11,727 $0.000000 11,727 02 Mar 2023 Common Stock 11,727 $123.71 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As a result of Company performance against pre-approved financial targets applicable to performance vested restricted stock units previously granted, as certified and vested on March 2, 2023 for the period of January 1, 2020 through December 31, 2022, the reporting person acquired 13,903 shares of Common Stock.
F2 As a result of Company performance against pre-approved financial targets applicable to performance vested restricted stock units previously granted, as certified and vested on March 2, 2023 for the period of January 1, 2020 through December 31, 2022, the reporting person acquired 9,740 shares of Common Stock.
F3 As a result of Company performance against pre-approved financial targets applicable to performance vested restricted stock units previously granted, as certified and vested on March 2, 2023 for the period of January 1, 2020 through December 31, 2022, the reporting person acquired 17,707 shares of Common Stock.
F4 As a result of Company performance against pre-approved financial targets applicable to performance vested restricted stock units previously granted, as certified on March 2, 2023 for the period of January 1, 2021 through December 31, 2022, the reporting person acquired 42,149 stock-settled restricted stock units that will vest following a service period ending March 2, 2024.
F5 Options vest in four equal annual installments beginning on March 2, 2024.