Hays J Robison III 4
4 · Ashford Inc. · Filed Mar 15, 2023
Insider Transaction Report
Form 4
Ashford Inc.AINC
Hays J Robison III
DirectorChief Strategy Officer
Transactions
- Tax Payment
Common Stock
2023-03-13$12.21/sh−3,279$40,037→ 116,807 total
Holdings
- 35,000
Class 2 LTIP Units
Exercise: $61.12From: 2022-02-27Exp: 2029-02-27→ Common Stock (35,000 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: $57.34From: 2020-04-18Exp: 2027-04-18→ Common Stock (17,500 underlying) - 17,500
Class 2 LTIP Units
Exercise: $57.71From: 2020-10-03Exp: 2027-10-03→ Common Stock (17,500 underlying) - 35,000
Class 2 LTIP Units
Exercise: $45.59From: 2019-03-31Exp: 2026-03-31→ Common Stock (35,000 underlying) - 30,000
Class 2 LTIP Units
Exercise: $85.97From: 2017-12-11Exp: 2025-12-11→ Common Stock (30,000 underlying) - 77.05
Common Units
Exercise: $0.00→ Common Stock (77.05 underlying)
Footnotes (3)
- [F1]Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the vesting of restricted stock held by the Reporting Person.
- [F2]Represents the closing price of the common stock on March 10, 2023, the last trading day before the date of forfeiture.
- [F3]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.