SCHULTZ RAYMOND E 4
4 · CHOICE HOTELS INTERNATIONAL INC /DE · Filed May 5, 2006
Insider Transaction Report
Form 4
SCHULTZ RAYMOND E
Director
Transactions
- Exercise/Conversion
Common Stock
2006-05-04$13.05/sh+7,000$91,385→ 69,063.5 total - Exercise/Conversion
Stock Option
2006-05-04−7,000→ 0 totalExercise: $13.05Exp: 2006-05-31→ Common Stock (7,000 underlying)
Footnotes (1)
- [F1]Options vest in three equal installments beginning on the second anniversary of the grant date.