SEC Form 4 · accession 0001209191-18-051781
CHOICE HOTELS INTERNATIONAL INC /DE · CHH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Pacious
Officer — President & CEO
Period of report
Sep 18, 2018
Accepted (ET)
Sep 20, 2018 · 4:11 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 | Sep 18, 2018 | M | 4,800 | $27.03 | A | 132,599 | D | |
| Common Stock | Sep 18, 2018 | M | 2,400 | $36.76 | A | 134,999 | D | |
| Common StockF2 | Sep 18, 2018 | S | 9,613 | $82.02 | D | 125,386 | D | |
| Common Stock | Sep 18, 2018 | M | 1,618 | $27.03 | A | 127,004 | 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)F3 | $27.03 | Sep 18, 2018 | M | 4,800 | D | — | Feb 19, 2019 | Common | 4,800 | 468 | D |
| Employee Stock Option (right to buy)F4 | $36.76 | Sep 18, 2018 | M | 2,400 | D | — | Feb 8, 2020 | Common | 2,400 | 12,198 | D |
| Employee Stock Option (right to buy)F3 | $27.03 | Sep 18, 2018 | M | 1,618 | D | — | Feb 19, 2019 | Common | 1,618 | 0 | D |
Explanation of responses
- F1Sale made pursuant to a 10b5-1 trading plan.
- F2Average price reflects a series of transactions between $82.00 and $82.15.
- F3Options vested in four annual installments beginning on the first anniversary of the February 19, 2012 grant date.
- F4Options vested in four annual installments beginning on the first anniversary of the February 8, 2013 grant date.