Ansell Benjamin J MD 4
4 · ASHFORD HOSPITALITY TRUST INC · Filed Nov 8, 2021
Insider Transaction Report
Form 4
Ansell Benjamin J MD
Director
Transactions
- Sale
Common Stock
2021-11-04$14.78/sh−123$1,818→ 20,620 total(indirect: By Trust) - Sale
Common Stock
2021-11-08$14.72/sh−43$633→ 110 total(indirect: By Trust)
Holdings
- 6,457
Common Stock
- 10,300(indirect: By Trust)
Common Stock
- 128
Special Limited Partnership Units
Exercise: $0.00→ Common Stock (128 underlying)
Footnotes (3)
- [F1]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.
- [F2]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.
- [F3]The LTIP Units do not have an expiration date.