Home/Filings/4/0001104659-21-067128
4//SEC Filing

Ansell Benjamin J MD 4

Accession 0001104659-21-067128

CIK 0001232582other

Filed

May 13, 8:00 PM ET

Accepted

May 14, 8:42 PM ET

Size

10.8 KB

Accession

0001104659-21-067128

Insider Transaction Report

Form 4
Period: 2021-05-12
Transactions
  • Award

    Common Stock

    2021-05-12+35,019120,535 total
  • Award

    Common Stock

    2021-05-12$2.95/sh+2,301$6,78885,516 total
Holdings
  • Common Stock

    (indirect: By Trust)
    1,531
  • Common Stock

    (indirect: By Trust)
    151,477
  • Common Stock

    (indirect: By Trust)
    50,000
  • Special Limited Partnership Units

    Exercise: $0.00Common Stock (1,283 underlying)
    1,283
Footnotes (4)
  • [F1]The Reporting Person received the shares pursuant to a stock grant from the Issuer, under the Issuer's 2021 Stock Incentive Plan (the "Plan"), in connection with the re-election of the Reporting Person to the Issuer's Board of Directors.
  • [F2]The shares were issued to the Reporting Person under the Plan in lieu of certain cash retainer fees and were fully vested upon grant.
  • [F3]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.
  • [F4]The LTIP Units do not have an expiration date.

Issuer

ASHFORD HOSPITALITY TRUST INC

CIK 0001232582

Entity typeother

Related Parties

1
  • filerCIK 0001464574

Filing Metadata

Form type
4
Filed
May 13, 8:00 PM ET
Accepted
May 14, 8:42 PM ET
Size
10.8 KB