4//SEC Filing
KIMICHIK DAVID J 4
Accession 0000909143-11-000013
CIK 0001232582other
Filed
Apr 7, 8:00 PM ET
Accepted
Apr 8, 11:09 AM ET
Size
6.6 KB
Accession
0000909143-11-000013
Insider Transaction Report
Form 4
KIMICHIK DAVID J
CFO and Treasurer
Transactions
- Award
Special Limited Partnership Units
2011-04-06$0.05/sh+165,000$8,250→ 440,000 totalExercise: $0.00→ Common Stock (165,000 underlying)
Footnotes (5)
- [F1]Special long-term incentive partnership units ("LTIP Units") in Ashford Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"). Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units of the Subsidiary, are convertible into Common Limited Partnership Units at the option of the Reporting Person. Common Limited Partnership Units are convertible into cash or, at the option of the Issuer, into shares of the Issuer's common stock on a 1-for-1 basis. The LTIP Units were issued under the Issuer's Amended and Restated 2003 Stock Incentive Plan.
- [F2]The LTIP Units reported herein vest and are convertible in three equal annual installments on March 31, 2012, March 31, 2013 and March 31, 2014, respectively.
- [F3]The LTIP Units have no expiration date.
- [F4]Per LTIP Unit purchase price.
- [F5]Includes LTIP Units previously granted to, and reported by, the Reporting Person having different grant and vesting dates, some of which (i) may have achieved parity with the Common Limited Partnership Units, (ii) have not yet achieved parity with the Common Limited Partnership Units, (iii) are currently vested, or (iv) have not yet vested.
Documents
Issuer
ASHFORD HOSPITALITY TRUST INC
CIK 0001232582
Entity typeother
Related Parties
1- filerCIK 0001260553
Filing Metadata
- Form type
- 4
- Filed
- Apr 7, 8:00 PM ET
- Accepted
- Apr 8, 11:09 AM ET
- Size
- 6.6 KB