4 1 0001.txt FORM 4 - 5-31-00 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Bainum, Roberta 10770 Columbia Pike, Suite 100 Silver Spring, MD 20901 USA 2. Issuer Name and Ticker or Trading Symbol Choice Hotels International, Inc. CHH 3. IRS or Social Security Number of Reporting Person (Voluntary) ###-##-#### 4. Statement for Month/Year 5-31-00 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director (X) 10% Owner ( ) Officer (give title below) ( ) Other (specify below) 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| |4-6-00|J | |-46,515 |D | |148,557 |I |NOTE 1 | -----------------------------------------------------------------------------------------------------------------------------------| |5-18-0|J | |-10,354 |D | |0 |I |NOTE 2 | |0 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |1,614,369 |I |NOTE 3 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |700,214 |I |NOTE 4 | -----------------------------------------------------------------------------------------------------------------------------------| |4-6-00|J(1)| |46,515 |A | |118,999 |I |NOTE 5 | -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | |20,000 |I |NOTE 6 | -----------------------------------------------------------------------------------------------------------------------------------| |5-18-0|J | |-4,715 |D | |0 |I |NOTE 7 | |0 | | | | | | | | | -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: Note 1. The proportionate interest of the Roberta Bainum Grantor Retained Annuity Trust dated September 5, 1996, ("GRAT") the sole trustee of which is Ms. Bainum, in shares (1,779,628) owned by Mid Pines Associates, LP. On April 6, 2000, the GRAT made its required distribution to Ms. Bainum using Mid Pines interests representing a beneficial interest in 46,515 shares of Choice. Note 2. The proportionate interest of Roberta Bainum's minor child in shares (112,200) owned by Vintage Limited Partnership ( a family owned entity). On May 18, 2000, Vintage contributed its portfolio of Choice shares to Cambridge LLC. Shares held by Cambridge, a family owned entity, are not attributable to Ms. Bainum. Note 3. Shares owned by the Roberta Bainum Irrevocable Trust. Ms. Bainum's brother is trustee and she is the beneficiary. Note 4. The proportionate interest of the Roberta Bainum Irrevocable Trust in shares (3,567,869) owned by Realty Investment Company, Inc. Ms. Bainum's brother is the trustee and she is the beneficiary. Note 5. The proportionate interest of the Roberta Bainum Irrevocable Trust in shares (1,779,628) owned by Mid Pines Associates, L.P. Ms. Bainum's brother is the trustee and she is the beneficiary. Note 6. The proportionate interest of Roberta Bainum in shares (1,779,628) owned by Mid Pines Associates, L.P. Note 7. The proportionate interest of the Roberta Bainum Irrevocable Trust in shares (112,200) owned by Vintage Limited Partnership (a family owned entity). Ms. Bainum's brother is the trustee and she is the beneficiary. On May 18, 2000, Vintage contributed its entire portfolio of Choice shares to Cambridge LLC, a family owned entity. Shares held by Cambidge are not attributable to Ms. Bainum.