BAINUM BRUCE 5
5 · CHOICE HOTELS INTERNATIONAL INC /DE · Filed Feb 1, 2023
Insider Transaction Report
Form 5
BAINUM BRUCE
10% Owner
Transactions
- Other
Common Stock
2022-08-18−827,993→ 5,000 total(indirect: See Footnote) - Other
Common Stock
2022-03-12+69,908→ 1,757,717 total(indirect: See Footnote) - Other
Common Stock
2022-08-18+827,993→ 2,585,710 total(indirect: See Footnote) - Other
Common Stock
2022-03-12−69,908→ 255,500 total(indirect: See Footnote) - Other
Common Stock
2022-08-26−400,000→ 2,185,709 total(indirect: See Footnote) - Other
Common Stock
2022-08-26+400,000→ 655,500 total(indirect: See Footnote)
Holdings
- 130,814(indirect: See Footnote)
Common Stock
- 194,800(indirect: See Footnote)
Common Stock
- 922,096(indirect: See Footnote)
Common Stock
- 6,595(indirect: See Footnote)
Common Stock
Footnotes (7)
- [F1]Shares owned by the Bruce Bainum Declaration of Trust ("Bruce Trust") for which Dr. Bainum is the sole trustee and current beneficiary. Shares were distributed from Posadas Holdings, LLC and a Grantor Retained Annuity Trust to Dr. Bainum. Additional shares were contributed by Dr. Bainum to a new Grantor Retained Annuity Trust.
- [F2]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.
- [F3]The proportionate interest of the Bruce Trust in shares (6,821,574) owned by Realty Investment Co. Inc., ("Realty") an investment company in which Dr. Bainum is a noncontrolling shareholder and shares voting authority. Realty owns Choice stock as well as other assets.
- [F4]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.
- [F5]The proportionate interest of Dr. Bainum and the Bruce Trust, in shares owned by Posadas Holdings, LLC, ("Posadas") a family investment entity in which Dr. Bainum shares voting authority. Shares were distributed to the Bruce Trust.
- [F6]Shares owned by a trust for the benefit of Dr. Bainum's descendants for which Dr. Bainum is the trustee. Beneficial ownership is disclaimed.
- [F7]Shares owned by two Grantor Retained Annuity Trusts for the benefit of Dr. Bainum and his descendants. Shares were distributed to the Bruce Trust. Shares were also contributed to a new Grantor Retained Annuity Trust.