Ashford Hospitality Prime, Inc. 4
4 · Ashford Hospitality Prime, Inc. · Filed Nov 21, 2013
Insider Transaction Report
Form 4
MURPHY W MICHAEL
Director
Transactions
- Award
Common Stock
2013-11-19+3,200→ 15,260 total
Holdings
- 1,100
Limited Partnership Units
→ Common Stock (1,100 underlying)
Footnotes (3)
- [F1]The shares were issued to the Reporting Person as a stock grant from the Issuer.
- [F2]Includes 12,060 shares of the Issuer's common stock received by the Reporting Person in a pro rata distribution of shares of the Issuer's common stock by Ashford Hospitality Trust, Inc., such distribution being made in connection with the separation of the Issuer from Ashford Hospitality Trust, Inc. ("Ashford Trust").
- [F3]Limited Partnership Units ("Units") in Ashford Hospitality Prime Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"), acquired by the Reporting Person in connection with the pro rata distribution of Units by Ashford Hospitality Limited Partnership, such distribution being made in connection with the separation of the Issuer from Ashford Trust. Units, on and after November 19, 2014, are convertible into shares of the Issuer's common stock or, at the option of the Issuer, cash. The Units have no expiration date.