BAINUM BARBARA 4
4 · CHOICE HOTELS INTERNATIONAL INC /DE · Filed Mar 13, 2020
Insider Transaction Report
Form 4
BAINUM BARBARA
10% Owner
Transactions
- Sale
Common Stock
2020-03-12−217,728→ 338,660 total(indirect: See Footnote)
Holdings
- 1,030,836(indirect: See Footnote)
Common Stock
- 1,175,000(indirect: See Footnote)
Common Stock
- 87,631(indirect: See Footnote)
Common Stock
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.