4//SEC Filing
Ansell Benjamin J MD 4
Accession 0001104659-20-092933
CIK 0001232582other
Filed
Aug 9, 8:00 PM ET
Accepted
Aug 10, 9:36 PM ET
Size
10.6 KB
Accession
0001104659-20-092933
Insider Transaction Report
Form 4
Ansell Benjamin J MD
Director
Transactions
- Gift
Common Stock
2020-06-29−236,574→ 87,800 total - Purchase
Common Stock
2020-08-07$3.85/sh+10,000$38,500→ 51,477 total(indirect: By Trust)
Holdings
- 1,531(indirect: By Trust)
Common Stock
- 1,283
Special Limited Partnership Units(4)
Exercise: $0.00→ Common Stock (1,283 underlying) - 8,779
Common Stock
Footnotes (5)
- [F1]On June 29, 2020, the Reporting Person transferred 236,574 shares of the Issuer's common stock to the Ansell Family Trust, a family trust of which the Reporting Person is trustee. The Reporting Person and members of his immediate family are the sole beneficiaries of the trust.
- [F2]Reflects the weighted average purchase price for the reported transactions. The shares were purchased in multiple transactions at prices ranging from $3.82 to $3.85, inclusive. The Reporting Person will provide the SEC staff, the Issuer, or any security holder of the Issuer, upon request for same, with the full information regarding the number of shares purchased at each separate price within the range specified.
- [F3]The shares shown have been adjusted to reflect the Issuer's reverse stock split of its outstanding shares of common stock on a 1-for-10 basis that occurred on July 15, 2020.
- [F4]Represents 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 ("Common Units"), are convertible into Common Units at the option of 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.
- [F5]Neither the LTIP Units nor the Common Units have an expiration date.
Documents
Issuer
ASHFORD HOSPITALITY TRUST INC
CIK 0001232582
Entity typeother
Related Parties
1- filerCIK 0001464574
Filing Metadata
- Form type
- 4
- Filed
- Aug 9, 8:00 PM ET
- Accepted
- Aug 10, 9:36 PM ET
- Size
- 10.6 KB