SEC Form 4 · accession 0001209191-18-016166
CHOICE HOTELS INTERNATIONAL INC /DE · CHH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Simone WU
Officer — Senior Vice President
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 12:18 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 | Mar 1, 2018 | M | 6,203 | $36.76 | A | 30,298 | D | |
| Common Stock | Mar 1, 2018 | M | 4,000 | $45.59 | A | 34,298 | D | |
| Common StockF2 | Mar 1, 2018 | S | 10,203 | $78.88 | D | 24,095 | D | |
| Common Stock | Mar 1, 2018 | M | 2,720 | $36.76 | A | 26,815 | 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 | $36.76 | Mar 1, 2018 | M | 6,203 | D | — | Feb 8, 2020 | Common Stock | 6,203 | 0 | D |
| Employee Stock OptionF4 | $45.59 | Mar 1, 2018 | M | 4,000 | D | — | Mar 26, 2021 | Common Stock | 4,000 | 24,773 | D |
| Employee StockF3 | $36.76 | Mar 1, 2018 | M | 2,720 | D | — | Feb 8, 2020 | Common Stock | 2,720 | 0 | D |
Explanation of responses
- F1Sales pursuant to a 10b5-1 trading plan.
- F2Average price reflects series of transactions between $78.25 and $79.40.
- F3Options vest in four equal annual installments beginning on the first anniversary of the February 8, 2013 grant date.
- F4Options vest in four equal annual installments beginning on the first anniversary of the March 26, 2014 grant date.