KESSLER DOUGLAS A 4
4 · Ashford Inc. · Filed Mar 13, 2020
Insider Transaction Report
Form 4
Ashford Inc.AINC
KESSLER DOUGLAS A
President
Transactions
- Award
Common Stock
2020-03-11+25,000→ 59,057 total
Holdings
- 35,000
Stock Options (right to purchase)
Exercise: $61.12From: 2022-02-27Exp: 2029-02-27→ Common Stock (35,000 underlying) - 38,603
Stock Options (right to purchase)
Exercise: $94.96From: 2021-03-14Exp: 2028-03-14→ Common Stock (38,603 underlying) - 25,000
Stock Options (right to purchase)
Exercise: $57.71From: 2020-10-03Exp: 2027-10-03→ Common Stock (25,000 underlying) - 25,000
Stock Options (right to purchase)
Exercise: $57.34From: 2020-04-18Exp: 2027-04-18→ Common Stock (25,000 underlying) - 247.36
Common Units
Exercise: $0.00→ Common Stock (247.36 underlying) - 50,000
Stock Options (right to purchase)
Exercise: $45.59From: 2019-03-31Exp: 2026-03-31→ Common Stock (50,000 underlying) - 35,000
Stock Options (right to purchase)
Exercise: $85.97From: 2017-12-11Exp: 2022-12-11→ Common Stock (35,000 underlying)
Footnotes (3)
- [F1]The Reporting Person received the shares pursuant to a stock grant from the Issuer under the Issuer's 2014 Incentive Plan. Such shares vest in three (3) substantially equal installments on the first three (3) anniversaries following the date of grant.
- [F2]Reflects shares already reported as well as additional shares received in a distribution on November 5, 2019 of the Issuer's Common Stock by Ashford Hospitality Trust, Inc. and by Braemar Hotels & Resorts Inc., of which the Reporting Person is a shareholder, in an amount of 4,722 shares.
- [F3]Common units ("Common Units") in Ashford Hospitality Advisors LLC, the Issuer's operating subsidiary, owned by the Reporting Person. Common Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock on a 1-for-1 basis. The Common Units have no expiration date.