Form 4 for CHH CHOICE HOTELS INTERNATIONAL INC /DE
Accepted 2024-12-02 00:00:00 ET · period of report 2024-11-30 · accession 0000950170-24-132091 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2024-12-02 | 2024-05-20+ | CHH | BAINUM BRUCE | 10% | J - Other | $0.00 | -5,406 | 0 | -100% | $0 |
| I | 2024-12-02 | 2024-05-14 | CHH | BAINUM BRUCE | 10% | G - Gift | $118.69 | -85.5K | 2.38M | -3% | -$10.15M |
| I | 2024-12-02 | 2024-11-30 | CHH | BAINUM BRUCE | 10% | S - Sale | $0.00 | -332.0K | 590.1K | -36% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-11-20 | J | A | 5,000 | $0.00 | 2,728,415 | I See Footnote | — | — | (F4) Shares owned by the Bruce Trust for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from Posadas Holdings, LLC, a family investment entity in which Dr. Bainum shares voting authority. |
| 2 | Common | Common Stock | 2024-05-20 | J | A | 130,814 | $0.00 | 2,507,574 | I See Footnote | — | — | (F2) Shares owned by the Bruce Trust for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from Mid Pines Associates, LP as a result of the dissolution and liquidation of the Partnership. |
| 3 | Common | Common Stock | 2024-05-14 | G | D | 85,500 | $118.69 | 2,376,760 | I See Footnote | — | — | (F1) Shares owned by the Bruce Bainum Declaration of Trust ("Bruce Trust") for which Dr. Bainum is the sole trustee and current beneficiary. Shares were gifted. |
| 4 | Common | Common Stock | 2024-08-26 | J | A | 215,841 | $0.00 | 2,723,415 | I See Footnote | — | — | (F3) Shares owned by the Bruce Trust for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from a Grantor Retained Annuity Trust to Dr. Bainum and a trust for his descendants. |
| 5 | Common | Common Stock | 2024-08-26 | J | D | 221,247 | $0.00 | 0 | I See Footnote | — | — | (F3) Shares owned by the Bruce Trust for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from a Grantor Retained Annuity Trust to Dr. Bainum and a trust for his descendants. |
| 6 | Common | Common Stock | 2024-11-30 | S | D | 331,983 | $0.00 | 590,112 | I See Footnote | — | — | (F5) The proportionate interest of the Bruce Bainum Declaration of Trust ("Bruce Trust") in shares (6,821,574) owned by White Oak Legacy, Inc. ("White Oak Legacy") , an investment company in which Dr. Bainum is a noncontrolling shareholder and shares voting authority. White Oak Legacy owns Choice stock as well as other assets and liabilities. Dr. Bainum sold a portion of his stock in White Oak Legacy to trusts for the benefit of his descendants for $36.2M. |
| 7 | Common | Common Stock | 2024-05-20 | J | D | 130,814 | $0.00 | 0 | I See Footnote | — | — | (F2) Shares owned by the Bruce Trust for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from Mid Pines Associates, LP as a result of the dissolution and liquidation of the Partnership. |
| 8 | Common | Common Stock | 2024-11-20 | J | D | 5,000 | $0.00 | 0 | I See Footnote | — | — | (F4) Shares owned by the Bruce Trust for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from Posadas Holdings, LLC, a family investment entity in which Dr. Bainum shares voting authority. |