4//SEC Filing
Hays J Robison III 4
Accession 0001104659-22-078445
CIK 0001604738other
Filed
Jul 7, 8:00 PM ET
Accepted
Jul 8, 6:39 PM ET
Size
16.2 KB
Accession
0001104659-22-078445
Insider Transaction Report
Form 4
Ashford Inc.AINC
Hays J Robison III
DirectorChief Strategy Officer
Transactions
- Disposition to Issuer
Class 2 LTIP Units
2022-07-07−30,000→ 0 totalExercise: $85.97From: 2017-12-11Exp: 2022-12-11→ Common Stock (0 underlying) - Award
Class 2 LTIP Units
2022-07-07+30,000→ 30,000 totalExercise: $85.97From: 2017-12-11Exp: 2025-12-11→ Common Stock (30,000 underlying)
Holdings
- 103,102
Common Stock
- 35,000
Class 2 LTIP Units
Exercise: $61.12From: 2022-02-27Exp: 2029-02-27→ Common Stock (35,000 underlying) - 35,000
Class 2 LTIP Units
Exercise: $45.59From: 2019-03-31Exp: 2026-03-31→ Common Stock (35,000 underlying) - 17,500
Class 2 LTIP Units
Exercise: $57.34From: 2020-04-18Exp: 2027-04-18→ Common Stock (17,500 underlying) - 27,451
Class 2 LTIP Units
Exercise: $94.96From: 2021-03-14Exp: 2028-03-14→ Common Stock (27,451 underlying) - 17,500
Class 2 LTIP Units
Exercise: $57.71From: 2020-10-03Exp: 2027-10-03→ Common Stock (17,500 underlying) - 77.05
Common Units
Exercise: $0.00→ Common Stock (77.05 underlying)
Footnotes (2)
- [F1]The reported transaction involves an amendment of outstanding Class 2 Long-Term Incentive Partnership Units ("LTIP 2") in Ashford Hospitality Holdings LLC originally granted on December 11, 2014 (the "Former Award"), resulting in the deemed cancellation of the Former Award and the grant of replacement LTIP 2s.
- [F2]Common units ("Common Units") in Ashford Hospitality Advisors LLC, the Issuer's operating subsidiary, owned by 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. The Common Units have no expiration date.
Documents
Issuer
Ashford Inc.
CIK 0001604738
Entity typeother
Related Parties
1- filerCIK 0001623909
Filing Metadata
- Form type
- 4
- Filed
- Jul 7, 8:00 PM ET
- Accepted
- Jul 8, 6:39 PM ET
- Size
- 16.2 KB