SEC Form 4 · accession 0001209191-16-140346
CHOICE HOTELS INTERNATIONAL INC /DE · CHH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Cimerola
Officer — Senior Vice President
Period of report
Sep 2, 2016
Accepted (ET)
Sep 7, 2016 · 11:02 am EDT
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 | Sep 2, 2016 | M | 20,485 | $22.159 | A | 50,882 | D | |
| Common StockF2 | Sep 2, 2016 | S | 13,515 | $48.21 | D | 37,367 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $22.159 | Sep 2, 2016 | M | 20,485 | D | Sep 10, 2013 | Sep 10, 2016 | Common Stock | 20,485 | 0 | D |
Explanation of responses
- F1Sold pursuant to a 10b5-1 trading plan.
- F2Average price reflects a series of transactions between $48.00 and $48.43.
- F3The option vested in four equal annual installments beginning on 9/10/2010.