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4//SEC Filing

TALLIS ALAN 4

Accession 0001104659-21-067138

CIK 0001232582other
View on SEC.govCompany Profile

Filed

May 13, 8:00 PM ET

Accepted

May 14, 8:49 PM ET

Size

12.5 KB

Accession

0001104659-21-067138

Insider Transaction Report

Form 4
Period: 2021-05-12
ASHFORD HOSPITALITY TRUST INCAHT
TALLIS ALAN
EVP, Asset Management
Transactions
  • Award

    Common Stock

    2021-05-12+35,019→ 35,019 total
  • Award

    Special Limited Partnership Units

    2021-05-12$2.95/sh+2,785$8,216→ 8,900 total
    Exercise: $0.00→ Common Stock
Holdings

  • Common Stock

    (indirect: By IRA)
    500

  • Common Limited Partnership Units

    Exercise: $0.00→ Common Stock
    40,652

  • Common Stock

    (indirect: By Trust)
    21,949

  • Common Stock

    (indirect: By Trust)
    11,645

  • Common Stock

    (indirect: By Trust)
    12,000
Footnotes (5)
  • [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]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. See Footnote 4 discussing the convertibility of Common Units.
  • [F3]The LTIP Units were issued to the Reporting Person under the Plan in lieu of certain cash retainer fees and were fully vested upon grant.
  • [F4]Neither the LTIP Units nor the Common Units have an expiration date.
  • [F5]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 as described in Amendment No. 5 to the Seventh Amended and Restated Agreement of the Limited Partnership dated December 13, 2017.

Documents

1 file

Issuer

ASHFORD HOSPITALITY TRUST INC

CIK 0001232582

→
Entity typeother

Related Parties

1
  • filerCIK 0001187669

Filing Metadata

Form type
4
Filed
May 13, 8:00 PM ET
Accepted
May 14, 8:49 PM ET
Size
12.5 KB
View on SEC.gov