Ashford Hospitality Prime, Inc. 4
4 · Ashford Hospitality Prime, Inc. · Filed Nov 13, 2013
Insider Transaction Report
Form 4
ASHFORD HOSPITALITY LP
10% Owner
Transactions
- Other
Common Stock
2013-11-08−100→ 0 total - Other
Limited Partnership Units
2013-11-08+4,977,853.1→ 4,977,853.1 totalExercise: $0.00→ Common Stock (4,977,853.1 underlying)
Footnotes (2)
- [F1]Reflects transfer of the Issuer's common stock to Ashford Hospitality Trust, Inc., a limited partner of the Reporting Person ("Ashford Trust"), in anticipation of the separation of the Issuer from Ashford Trust. The consideration by Ashford Trust was $1,000.
- [F2]Limited Partnership Units ("Units") in Ashford Hospitality Prime Limited Partnership, the Issuer's operating subsidiary. These Units are convertible into cash or, at the option of the Issuer, shares of the Issuer's common stock on or after November 19, 2014. The Units will be issued on November 19, 2013, as consideration for certain assets to be transferred to the Issuer by the Reporting Person in connection with the separation of the Issuer from Ashford Trust. The Units have no expiration date.