Ansell Benjamin J MD 4
4 · ASHFORD HOSPITALITY TRUST INC · Filed Oct 28, 2022
Insider Transaction Report
Form 4
Ansell Benjamin J MD
Director
Transactions
- Sale
Common Stock
2022-10-27$7.69/sh−110$846→ 0 total(indirect: By Trust)
Holdings
- 20,620(indirect: By Trust)
Common Stock
- 22,557
Common Stock
- 128
Special Limited Partnership Units
Exercise: $0.00→ Common Stock (128 underlying) - 10,300(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]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.
- [F2]The LTIP Units do not have an expiration date.