Home > Insider Trading > Filing (0001209191-17-060785)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1046311	Choice Hotels International Inc	CHH	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1036806	Bruce Bainum	8171 Maple Lawn Blvd Suite 375 Fulton MD 20759		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2017-11-13	150,000	$73.99	1,624,438	No	4	S	Indirect	See Footnote
Common Stock	Disposition	2017-11-14	100,000	$74.14	1,524,438	No	4	S	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnote
No	4	S	Indirect	See Footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	130,814	Indirect	See Footnote
Common Stock	922,095	Indirect	See Footnote
Common Stock	306,201	Indirect	See Footnote
Common Stock	34,455	Indirect	See Footnote
Common Stock	1,527,307	Indirect	See Footnote
Common Stock	6,595	Indirect	See Footnote

Footnotes

Shares owned by the Bruce Bainum Declaration of Trust ("Bruce Trust") for which Dr. Bainum is the sole trustee and current beneficiary. Shares sold pursuant to a Rule 10b5-1 Trading Plan
The proportionate interest of the Bruce Trust in shares (978,482) owned by Mid Pines Associates, L.P. ("Mid Pines") an entity in which the Bruce Trust has shared voting authority.
The proportionate interest of the Bruce Trust in shares (6,821,574) owned by Realty Investment Co. Inc., ("Realty") a family real estate investment and management company in which Dr. Bainum is a noncontrolling shareholder and shares voting authority. Realty owns Choice stock as well as other assets.
The proportionate interest in shares owned by Realty (6,821,574) of individual trusts for the benefit of Dr. Bainum's adult children for which Dr. Bainum is the trustee. Beneficial ownership is disclaimed.
The proportionate interest in shares owned by Mid Pines (978,482) of individual trusts for the benefit of Dr. Bainum's adult children for which Dr. Bainum is the trustee. Beneficial ownership is disclaimed.
The proportionate interest of Dr. Bainum, the Bruce Trust and grantor retained annuity trusts created by Dr. Bainum, in shares owned by Posadas Holdings, LLC, ("Posadas") a family investment entity in which Dr. Bainum shares voting authority.
Shares owned by a trust for the benefit of Dr. Bainum's descendants for which Dr. Bainum is the trustee.