Filing Details

Accession Number:
0001104659-15-021865
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-03-23 21:00:18
Reporting Period:
2015-03-23
Filing Date:
2015-03-23
Accepted Time:
2015-03-23 21:00:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1574085 Ashford Hospitality Prime Inc. AHP Real Estate Investment Trusts (6798) 462488594
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1260655 A Douglas Kessler 14185 Dallas Parkway, Suite 1100
Dallas TX 75254
President Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2015-03-23 8,013 $17.00 61,364 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Common Partnership Units $0.00 241,220 241,220 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
241,220 241,220 Direct
Footnotes
  1. The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 20, 2014.
  2. Reflects the weighted average sales price for the reported transactions. The Reporting Person, pursuant to the Rule 10b5-1 trading plan noted in Footnote (1) above, sold an aggregate of 8,013 shares of common stock of Ashford Hospitality Prime, Inc. ("Ashford Prime") in 17 separate transactions at prices ranging from $16.9000 to $17.1600. The Reporting Person will provide the SEC staff, Ashford Prime, or a security holder of Ashford Prime, upon request for same, with the full information regarding the number of shares sold at each separate price.
  3. Includes shares issued to the Reporting Person in connection with the spin-off (the "Spin-Off") of Ashford Prime from Ashford Hospitality Trust, Inc. ("Ashford Trust") on November 19, 2013, pursuant to which the Reporting Person received one share of Ashford Prime common stock for every five shares of Ashford Trust common stock held on the record date, November 8, 2013.
  4. Reflects common units issued to the Reporting Person in connection with the Spin-Off. Beginning one year from the issuance date, such common units are redeemable by the Reporting Person for cash, or at the option of Ashford Prime, shares of Ashford Prime's common stock on a 1-for-1 basis. The common units do not expire.