SEC Form 4 · accession 0001209191-17-050270
CHOICE HOTELS INTERNATIONAL INC /DE · CHH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A Pepper
Officer — Chief Development Officer
Period of report
Aug 24, 2017
Accepted (ET)
Aug 25, 2017 · 2:03 pm 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 | Aug 24, 2017 | M | 1,071 | $31.31 | A | 69,864 | D | |
| Common StockF1 | Aug 24, 2017 | S | 1,071 | $61.09 | D | 68,793 | 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 | $31.31 | Aug 24, 2017 | M | 1,071 | D | — | Feb 20, 2018 | Common Stock | 1,071 | 10,502 | D |
Explanation of responses
- F1Average price reflects a series of transactions between $61.00 and $61.30.
- F2Options vested in four annual installments beginning on the first anniversary of the February 20, 2011 grant date.