Rose Alex 4
4 · Ashford Inc. · Filed Oct 22, 2024
Insider Transaction Report
Form 4
Ashford Inc.AINC
Rose Alex
Exec. VP, GC and Secretary
Transactions
- Award
Special Limited Partnership Units
2024-10-18+40,000→ 40,000 totalExercise: $0.00→ Common Stock (40,000 underlying)
Holdings
- 32,648
Common Stock
Footnotes (3)
- [F1]The Reporting Person received the LTIP Units pursuant to a grant from the Issuer under the Issuer's 2014 Incentive Plan, as amended (the "Plan") and such LTIP Units are fully vested.
- [F2]Vested LTIP Units, upon achieving parity with the common limited partnership units of Ashford Hospitality Holdings LLC (the "Common Units"), are convertible into Common Units at the option of the Reporting Person. See Footnote 3 discussing the convertibility of Common Units.
- [F3]Neither the LTIP Units nor Common Units have an expiration date. 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.