4//SEC Filing
BAINUM STEWART JR 4
Accession 0001209191-20-018817
CIK 0001046311other
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 3:26 PM ET
Size
9.2 KB
Accession
0001209191-20-018817
Insider Transaction Report
Form 4
BAINUM STEWART JR
DirectorChairman10% Owner
Transactions
- Sale
Common Stock
2020-03-12−311,040→ 712,025 total(indirect: See Footnote)
Holdings
- 126,035(indirect: See Footnote)
Common Stock
- 1,417,056(indirect: See Footnote)
Common Stock
- 1,000,222(indirect: See Footnote)
Common Stock
- 6,240
Common Stock
Footnotes (6)
- [F1]Shares owned by Stewart Bainum Jr. Declaration of Trust ("Stewart Bainum Jr. Trust") in which Mr. Bainum, Jr. is a trustee and sole current beneficiary.
- [F2]The proportionate interest of the Stewart Bainum, Jr. Trust in shares (978,482) owned by Mid Pines Associates, L.P.("Mid Pines"), an entity in which the Stewart Bainum Jr. Trust has shared voting authority.
- [F3]Mr. Bainum, Jr. sold a portion of his stock in Realty to a trust for the benefit of his descendants for $13.7 million.
- [F4]The proportionate interest of the Stewart Bainum, Jr. Trust in shares (6,821,574) owned by Realty Investment Company, Inc. ("Realty") a family real estate investment and management company in which Mr. Bainum, Jr. is a non-controlling shareholder and has shared voting authority. Realty owns Choice stock as well as other assets and liabilities.
- [F5]Shares in Leeds Creek Holdings, LLC, ("Leeds Creek") an entity in which the Stewart Bainum Jr. Trust is the sole owner and managing member.
- [F6]Represents restricted stock which vests in three equal installments on the first, second and third anniversary of the grant date.
Documents
Issuer
CHOICE HOTELS INTERNATIONAL INC /DE
CIK 0001046311
Entity typeother
Related Parties
1- filerCIK 0001034261
Filing Metadata
- Form type
- 4
- Filed
- Mar 12, 8:00 PM ET
- Accepted
- Mar 13, 3:26 PM ET
- Size
- 9.2 KB