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4//SEC Filing

BAINUM BARBARA 4

Accession 0001209191-20-018812

CIK 0001046311other

Filed

Mar 12, 8:00 PM ET

Accepted

Mar 13, 3:24 PM ET

Size

8.3 KB

Accession

0001209191-20-018812

Insider Transaction Report

Form 4
Period: 2020-03-12
Transactions
  • Sale

    Common Stock

    2020-03-12217,728338,660 total(indirect: See Footnote)
Holdings
  • Common Stock

    (indirect: See Footnote)
    1,030,836
  • Common Stock

    (indirect: See Footnote)
    1,175,000
  • Common Stock

    (indirect: See Footnote)
    87,631
Footnotes (5)
  • [F1]Shares owned by the Barbara Bainum Declaration of Trust (the "BB Trust") in which Ms. Bainum is the sole trustee and current beneficiary.
  • [F2]The proportionate interest of the BB Trust in shares (978,482) owned by Mid Pines Associates, L.P. ("Mid Pines"), in which the BB Trust has shared voting authority.
  • [F3]Ms. Bainum sold a portion of her stock in Realty to a trust for the benefit of her descendants for $9.6 million.
  • [F4]The proportionate interest of the BB Trust in shares (6,821,574) owned by Realty Investment, Co, Inc.("Realty"), a family real estate investment and management company in which Ms. Bainum is a noncontrolling shareholder and has shared voting authority. Realty owns Choice stock as well as other assets and liabilities.
  • [F5]Shares owned by Shadow Holdings, LLC, a Limited Liability Company owned by Ms. Bainum and the BB Trust for which she shares voting authority.

Issuer

CHOICE HOTELS INTERNATIONAL INC /DE

CIK 0001046311

Entity typeother

Related Parties

1
  • filerCIK 0001036630

Filing Metadata

Form type
4
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 3:24 PM ET
Size
8.3 KB