SEC Form 4 · accession 0001209191-18-034293
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
May 30, 2018
Accepted (ET)
May 31, 2018 · 10:19 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 | May 30, 2018 | M | 6,104 | $36.76 | A | 36,131 | D | |
| Common StockF2 | May 30, 2018 | S | 6,104 | $81.03 | D | 30,027 | D | |
| Common Stock | May 30, 2018 | M | 1,654 | $45.59 | A | 31,681 | 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 | May 30, 2018 | M | 6,104 | D | — | Feb 8, 2020 | Common Stock | 6,104 | 0 | D |
| Employee StockF4 | $45.59 | May 30, 2018 | M | 1,654 | D | — | Mar 26, 2021 | Common Stock | 1,654 | 0 | D |
Explanation of responses
- F1Sold pursuant to a 10b5-1 trading plan.
- F2Average price reflects a series of transactions between $81.00 and $81.10.
- F3Options vested in four equal annual installments beginning on the first anniversary of the February 8, 2013 grant date.
- F4Options vested in four equal annual installments beginning on the first anniversary of the March 26, 2014 grant date.