BAINUM STEWART/
4, 2000-06-12
Previous: ESENJAY EXPLORATION INC, SC 13D/A, 2000-06-12
Next: SODEXHO MARRIOTT SERVICES INC, S-8 POS, 2000-06-12



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, Stewart W
   10770 Columbia Pike
   Suite 100
   Silver Spring, MD  20901
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)
   ( ) Form filed by One Reporting Person
   (X) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
 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)|                           |
___________________________________________________________________________________________________________________________________|
<S>                        <C>    <C>  <C><C>               <C> <C>         <C>                 <C>    <C>
                           |4-29-0|J(2)| |1,183             |A  |           |5,887,036          |I     |NOTE 1                     |
                           |0     |    | |                  |   |           |                   |      |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
                           |      |    | |                  |   |           |798,711            |I     |NOTE 3                     |
-----------------------------------------------------------------------------------------------------------------------------------|
                           |      |    | |                  |   |           |81,711             |I     |NOTE 4                     |
-----------------------------------------------------------------------------------------------------------------------------------|
                           |      |    | |                  |   |           |100,000            |I     |NOTE 5                     |
-----------------------------------------------------------------------------------------------------------------------------------|
                           |      |    | |                  |   |           |76,386             |I     |NOTE 6                     |
-----------------------------------------------------------------------------------------------------------------------------------|
                           |5-18-0|G   | |112,200           |A  |           |112,200            |I     |NOTE 7                     |
                           |0     |    | |                  |   |           |                   |      |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
                           |4-29-0|J   | |-605              |D  |           |1,231              |D     |NOTE 8                     |
                           |0     |    | |                  |   |           |                   |      |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
                           |      |    | |                  |   |           |1,575              |D     |                           |
-----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 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)|            |
___________________________________________________________________________________________________________________________________|
<S>                   <C>      <C>   <C>  <C><C>        <C> <C>   <C>   <C>          <C>     <C>     <C>          <C> <C>
Common Stock Options  |        |     |    | |           |   |     |     |            |13,585 |       |            |   |            |
-----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
Note 1.  Shares owned by the Stewart Bainum Declaration of Trust dated May 23,
1995 ("The SB Trust"), the sole
trustee of which is Mr. Bainum.
Note 2.  1,183 Shares earned under Non-Employee Director Compensation Plans
were distributed to Mr. Bainum
and contributed to his
trust.
Note 3.  Shares owned by the Jane L. Bainum Declaration of Trust dated May 23,
1995 ("The JLB Trust"), the sole
trustee of which is Mr. Bainum's
wife.
Note 4  The proportionate interest of of the JLB Trust in: (i) shares
(1,779,628) owned by Mid Pines Associates,
LP., in which the JLB Trust is a limited partner and (ii) shares (3,567,869)
owned by Realty Investment Company,
Inc., a real estate investment and management company, in which the JLB Trust
is a noncontrolling shareholder.
Note 5.  The proportionate interest of Edelblut Partners, LP., in which the SB
Trust and the JLB Trust are the sole
partners, in shares, (1,779,628) owned by Mid Pines Associates,
LP.
Note 6.  The proportionate interest of of the SB Trust in: (i) shares
(1,779,628) owned by Mid Pines Associates,
LP., in which the SB Trust is a limited partner and (ii) shares (3,567,869)
owned by Realty Investment Company,
Inc., a real estate investment and management company, in which the SB Trust is
a noncontrolling shareholder.
Note 7.  On May 18, 2000, Vintage Limited Partnership, a family owned entity,
contributed its entire portfolio of
Choice shares (112,200) to Cambridge LLC, another family owned entity.
Cambridge, LLC is controlled by Mr.
Bainum.
Note 8.  On April 29, 2000, 605 shares were  transferred from the Non-Employee
Director Compensation Plan to
the SB Trust.  This leaves 1,231 shares remaining in the Non-Employee Director
Plan for Mr. Bainum.



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission