SEC Form 4 · accession 0001209191-15-020193
CHOICE HOTELS INTERNATIONAL INC /DE · CHH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A Pepper
Officer — Senior Vice President
Period of report
Feb 27, 2015
Accepted (ET)
Mar 2, 2015 · 3:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001046311
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 27, 2015 | M | 29,586 | $20.40 | A | 83,434 | D | |
| Common StockF1 | Feb 27, 2015 | S | 29,586 | $63.11 | D | 53,878 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $20.41 | Feb 27, 2015 | M | 29,586 | D | — | Feb 8, 2015 | Common Stock | 29,586 | 0 | D |
Explanation of responses
- F1Average price reflects a series of transactions between $63.67 and $63.00.
- F2Options vested in four annual installments beginning on the first anniversary of the February 8, 2009 grant date.