4//SEC Filing
Jafarnia Kamal 4
Accession 0001104659-24-064271
CIK 0001232582other
Filed
May 21, 8:00 PM ET
Accepted
May 22, 4:17 PM ET
Size
8.5 KB
Accession
0001104659-24-064271
Insider Transaction Report
Form 4
Jafarnia Kamal
Director
Transactions
- Award
Special Limited Partnership Units
2024-05-20+20,000→ 42,951 totalExercise: $0.00→ Common Stock
Holdings
- 23
Common Stock
- 23,962
Common Limited Partnership Units
Exercise: $0.00→ Common Stock
Footnotes (4)
- [F1]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. See Footnote 4 discussing the convertibility of Common Units.
- [F2]The LTIP Unit awards reported herein were issued as an annual grant under the Issuer's 2021 Stock Incentive Plan in connection with the Reporting Person's continued service on the Issuer's Board of Directors.
- [F3]Neither the LTIP Units nor the Common Units have an expiration date.
- [F4]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 as described in Amendment No. 5 to the Seventh Amended and Restated Agreement of the Limited Partnership dated December 13, 2017.
Documents
Issuer
ASHFORD HOSPITALITY TRUST INC
CIK 0001232582
Entity typeother
Related Parties
1- filerCIK 0001568076
Filing Metadata
- Form type
- 4
- Filed
- May 21, 8:00 PM ET
- Accepted
- May 22, 4:17 PM ET
- Size
- 8.5 KB