SEC Form 4 · accession 0001209191-16-154833
CHOICE HOTELS INTERNATIONAL INC /DE · CHH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Cimerola
Officer — Chief Human Resources Officer
Period of report
Dec 12, 2016
Accepted (ET)
Dec 13, 2016 · 10:51 am 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 | Dec 12, 2016 | M | 7,361 | $31.31 | A | 43,409 | D | |
| Common StockF2 | Dec 12, 2016 | S | 7,361 | $55.03 | D | 36,048 | D | |
| Common Stock | Dec 12, 2016 | M | 6,429 | $31.31 | A | 42,477 | 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 OptionF3 | $31.31 | Dec 12, 2016 | M | 7,361 | A | — | Feb 20, 2018 | Common Stock | 7,361 | 0 | D |
| Employee Stock OptionF3 | $31.31 | Dec 12, 2016 | M | 6,429 | A | — | Feb 20, 2018 | Common Stock | 6,429 | 0 | D |
Explanation of responses
- F1Sold pursuant to a 10b5-1 trading plan.
- F2Average price reflects a series of transactions between $55.00 and $55.20.
- F3Options vested in four equal annual installments beginning on the first anniversary of the February 20, 2011 grant date.