CHOICE HOTELS INTERNATIONAL INC DE
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 20, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 9B. Other Information
Director and Officer Trading Arrangements
The following table describes, for the fourth quarter of 2023, each trading arrangement for the sale or purchase of Company securities adopted orterminated by our directors and officers that is either (i) a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) (a “Rule 10b5-1 trading arrangement”), or (ii) a “non-Rule 10b5-1 trading arrangement” (as defined in Item 408(c) of Regulation S-K):
| Name(Title) | Action Taken (Date of Action) | Type of Trading Arrangement | Nature of Trading Arrangement | Duration of Trading Arrangement | Aggregate Number of Securities Covered |
|---|---|---|---|---|---|
| Patrick Pacious(President and Chief Executive Officer) | Termination (December 12, 2023) (1) | Rule 10b5-1 trading arrangement | Sale | (2) | (2) |
| Simone Wu(Senior Vice President, General Counsel, Corporate Secretary & External Affairs) | Termination (December 12, 2023) (1) | Rule 10b5-1 trading arrangement | Sale | (3) | (3) |
| Patrick Cimerola(Chief Human Resources Officer) | Termination (December 12, 2023) (1) | Rule 10b5-1 trading arrangement | Sale | (4) | (4) |
(1)These trading plans were terminated in accordance with their terms upon the public announcement on December 12, 2023 of the offer by WH Acquisition Corporation, a wholly owned subsidiary of the Company, to exchange each issued and outstanding share of common stock of Wyndham Hotels & Resorts, Inc. for per-share consideration of $49.50 in cash and 0.324 shares of common stock of the Company.
(2)This trading plan related to 37,551 shares of Company common stock and had a scheduled expiration date of February 23, 2024.
(3)This trading plan related to 11,997 shares of Company common stock and had a scheduled expiration date of February 24, 2024.
(4)This trading plan related to 21,292 shares of Company common stock and had a scheduled expiration date of December 31, 2023.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.