Ashford Hospitality Prime, Inc. 4
4 · Ashford Hospitality Prime, Inc. · Filed Jul 29, 2015
Insider Transaction Report
Form 4
ASHFORD HOSPITALITY LP
10% Owner
Transactions
- Other
Limited Partnership Units
2015-07-27−4,143,324.9→ 0 totalExercise: $0.00→ Common Stock (4,143,324 underlying)
Footnotes (2)
- [F1]On July 27, 2015, the Reporting Person distributed, on a pro rata basis, 4,143,324.9 Limited Partnership Units ("Units") of Ashford Hospitality Prime Limited Partnership, the Issuer's operating subsidiary, that the Reporting Person directly held to the holders of its common units. Such Units were redeemable, at the option of the Issuer, for 4,143,324 shares of the Issuer's common stock on a one-for-one basis, while rounding down fractional Units.
- [F2]The Units became redeemable for cash or, at the option of the Issuer, shares of the Issuer's common stock on November 19, 2014. The Units have no expiration date.