Home > Insider Trading > Filing (0001104659-15-052291)

Filing Details

Accession Number:: 0001104659-15-052291
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2015-07-21 20:13:12
Reporting Period:: 2015-07-17

Filing Date:: 2015-07-21
Accepted Time:: 2015-07-21 20:13:12
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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2015-07-17	5,000	$15.50	52,461	No	4	S	Direct
Common Stock	Acquisiton	2015-07-20	70,000	$0.00	122,461	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	A	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Common Partnership Units	Disposition	2015-07-20	70,000	$0.00	171,220	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
171,220			No	4	D	Direct

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock Or Ltip Units	Performance Stock Units	$0.00	2017-12-31	2017-12-31	54,768	54,768	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2017-12-31	54,768	54,768	Direct

Footnotes

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.
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 5,000 shares of common stock of Ashford Hospitality Prime, Inc. ("Ashford Prime") in 39 separate transactions at prices ranging from $15.4300 to $15.5500. 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.
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.
Represents shares of common stock of Ashford Prime issued in connection with the Reporting Person's redemption of common partnership units of Ashford Hospitality Prime Limited Partnership ("Prime OP"), Ashford Prime's operating partnership, pursuant to the 10b5-1 trading plan noted in Footnote (1) above. The common partnership units were redeemable at the option of Ashford Prime for shares of common stock on a 1-for-1 basis.
Reflects a performance stock unit ("Performance Stock Unit") award, which represents a right to receive one share of common stock of Ashford Prime or one long-term incentive partnership unit in Prime OP, at the Reporting Person's election if and when the applicable vesting criteria have been achieved.
Represents the target share amount that may be issued pursuant to an award of Performance Stock Units. The actual number of Performance Stock Units to be issued upon vesting can range from 0% to 200% of the number of Performance Stock Units awarded, based on achievement of a specified relative total stockholder return, as determined by the compensation committee of the board of directors of Ashford Prime. Assuming continued service through the vesting date and achievement of the specified relative total stockholder return, the Performance Stock Units, as adjusted, will generally vest on December 31, 2017.
Reflects common units issued to the Reporting Person in connection with Ashford Prime's Spin-Off from Ashford Trust on November 19, 2013. 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.
See Footnote 3.