Sec Form 3 Filing - SHREVE CHRISTINE A @ CHOICE HOTELS INTERNATIONAL INC /DE - 2019-11-11

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0287 Expires: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person SHREVE CHRISTINE A 2. Issuer Name and Ticker or Trading Symbol CHOICE HOTELS INTERNATIONAL INC /DE [ CHH] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 8171 MAPLE LAWN BLVD, SUITE 375 3. Date of Earliest Transaction (MM/DD/YY) 11/11/2019 (Street) FULTON, MD20759 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 1,175,000 I See Footnote ( 1 ) Common Stock 1,685,061 I See Footnote ( 2 ) Common Stock 1,520,625 I See Footnote ( 3 ) Common Stock 6,168 I See Footnote ( 4 ) Common Stock 2,097,251 I See Footnote ( 5 ) Common Stock 2,800 D ( 6 )

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other SHREVE CHRISTINE A 8171 MAPLE LAWN BLVD SUITE 375 FULTON, MD20759 X Signatures Christine A. Shreve 11/12/2019 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Shares owned by Shadow Holdings, LLC an LLC whose sole members are Barbara Bainum and trusts for her benefit, for which Ms. Shreve is manager and has shared voting authority. ( 2 )Shares owned by Posadas Holdings, LLC an LLC whose sole members are Bruce Bainum and various trusts for either his benefit or the benefit of his wife or children, for which Ms. Shreve is manager and has shared voting authority. ( 3 )Shares owned by Sweetwater Holdings, LLC an LLC whose sole members are Roberta Bainum and trusts for her benefit or the benefit of her children, for which Ms. Shreve is manager and has shared voting authority. ( 4 )Shares owned by trusts for the benefit of Renschler family members for which Ms. Shreve is trustee. ( 5 )Shares owned by the Jane Bainum Declaration of Trust, a trust for the benefit of Jane Bainum, for which Ms. Shreve is co-trustee and has shared voting and dispositive authority along with Stewart Bainum, Jr, co-trustee. ( 6 )Shares owned by Ms. Shreve jointly with her husband.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.