SEC Form 4 · accession 0001209191-18-018770
CHOICE HOTELS INTERNATIONAL INC /DE · CHH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Bonds
Officer — Senior Vice President
Period of report
Mar 9, 2018
Accepted (ET)
Mar 12, 2018 · 2:29 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 StockF1 | Mar 9, 2018 | S | 2,880 | $83.32 | D | 14,272 | D | |
| Common Stock | Mar 9, 2018 | M | 5,220 | $63.47 | A | 19,492 | D | |
| Common Stock | Mar 9, 2018 | M | 6,720 | $51.49 | A | 26,212 | D | |
| Common StockF2 | Mar 9, 2018 | S | 11,940 | $83.54 | D | 14,272 | 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 | $63.47 | Mar 9, 2018 | M | 5,220 | D | — | Feb 27, 2022 | Common Stock | 5,220 | 1,742 | D |
| Employee Stock OptionF4 | $51.49 | Mar 9, 2018 | M | 6,720 | D | — | Feb 26, 2023 | Common Stock | 6,720 | 6,721 | D |
Explanation of responses
- F1Average price reflects a series of transactions between $83.05 and $83.40.
- F2Average price reflects a series of transactions between $83.05 and $83.89.
- F3Options vest in four equal annual installments beginning on the first anniversary of the February 27, 2015 grant date.
- F4Options vest in four equal annual installments beginning on the first anniversary of the February 26, 2016 grant date.