Ansell Benjamin J MD 4
4 · ASHFORD HOSPITALITY TRUST INC · Filed Jul 20, 2021
Insider Transaction Report
Form 4
Ansell Benjamin J MD
Director
Transactions
- Purchase
Common Stock
2021-07-19$16.87/sh+5,300$89,411→ 10,300 total(indirect: By Trust) - Gift
Common Stock
2021-06-15−5,596→ 6,457 total
Holdings
- 128
Special Limited Partnership Units
Exercise: $0.00→ Common Stock (128 underlying) - 153(indirect: By Trust)
Common Stock
- 20,743(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]On June 15, 2021, the Reporting Person transferred 5,596 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 Ansell Family Trust.
- [F2]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 16, 2021.
- [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.