Ansell Benjamin J MD 4
4 · ASHFORD HOSPITALITY TRUST INC · Filed Apr 16, 2021
Insider Transaction Report
Form 4
Ansell Benjamin J MD
Director
Transactions
- Purchase
Common Stock
2021-04-15$1.98/sh+50,000$99,000→ 151,477 total(indirect: By Trust) - Purchase
Common Stock
2021-04-14$2.15/sh+50,000$107,500→ 101,477 total(indirect: By Trust)
Holdings
- 50,000(indirect: By Trust)
Common Stock
- 83,215
Common Stock
- 1,283
Special Limited Partnership Units
Exercise: $0.00→ Common Stock (1,283 underlying) - 1,531(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Reflects the weighted average purchase price for the reported transactions. The shares were purchased in multiple transactions at prices ranging from $1.975 to $1.98, inclusive. The Reporting Person will provide the SEC staff, the Issuer, or any security holder of the Issuer, upon request for same, with the full information regarding the number of shares purchased at each separate price within the range specified.
- [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]Neither the LTIP Units nor the Common Units have an expiration date.