CHOICE HOTELS INTERNATIONAL INC /DE — Director's Dealing 2012

Feb 22, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHOICE HOTELS INTERNATIONAL INC /DE (CHH)
CIK: 0001046311
Period of Report: 2012-02-19

Reporting Person: Jaritz Alexandra (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-19	Common Stock	A	3793	—	Acquired	11016.0	Direct
2012-02-20	Common Stock	F	236	$35.60	Disposed	10780.0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-19	Employee Stock Option	$35.60	A	13529	Acquired	2019-02-19	Common Stock (13529)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	601	Indirect

Footnotes

F1: Options vest in four equal installments beginning on the first anniversary of the grant date.