Filing Details
- Accession Number:
- 0000909143-12-000017
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-03-06 19:05:55
- Reporting Period:
- 2012-03-02
- Filing Date:
- 2012-03-06
- Accepted Time:
- 2012-03-06 19:05:55
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1232582 | Ashford Hospitality Trust Inc | AHT | Real Estate Investment Trusts (6798) | 861062192 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1260654 | J Montgomery Bennett | 14185 Dallas Parkway Suite 1100 Dallas TX 75254 | Chief Executive Officer | 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 | Acquisiton | 2012-03-02 | 14,268 | $8.79 | 1,088,137 | No | 4 | P | Indirect | By MJB Investments LP |
| Common Stock | Acquisiton | 2012-03-02 | 100 | $8.79 | 1,088,237 | No | 4 | P | Indirect | By MJB Investments LP |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | By MJB Investments LP |
| No | 4 | P | Indirect | By MJB Investments LP |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Special Limited Partnership Units | Acquisiton | 2012-03-02 | 275,000 | $0.05 | 275,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 275,000 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 358,317 | Indirect | By Dartmore, LP |
| Common Stock | 74,000 | Indirect | By Reserve, LP IV |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Special Limited Partnership Units | $0.00 | 192,440 | 192,440 | Indirect | ||
| Common Stock | Special Limited Partnership Units | $0.00 | 597,368 | 597,368 | Indirect | ||
| Common Stock | Special Limited Partnership Units | $0.00 | 431,292 | 431,292 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 192,440 | 192,440 | Indirect | |
| 597,368 | 597,368 | Indirect | |
| 431,292 | 431,292 | Indirect |
Footnotes
- 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, are convertible into Common Limited Partnership Units at the option of the Reporting Person. Common Limited Partnership Units are convertible into cash or, at the option of the Issuer, into shares of the Issuer's common stock on a 1-for-1 basis. The LTIP Units were issued under the Issuer's 2011 Stock Incentive Plan.
- The LTIP Units reported herein vest and are convertible in three installments on March 2, 2013 (91,667 LTIP Units), March 2, 2014 (91,666 LTIP Units) and March 2, 2015 (91,667 LTIP Units), respectively.
- The LTIP Units have no expiration date.
- Per LTIP Unit purchase price.
- Includes LTIP Units previously granted to, and reported by, the Reporting Person having different grant and vesting dates, some of which (i) may have achieved parity with the Common Limited Partnership Units, (ii) have not yet achieved parity with the Common Limited Partnership Units, (iii) are currently vested, or (iv) have not yet vested.
- Represents LTIP Units previously assigned by the Reporting Person to such entity.
- The vesting schedule of the LTIP Units reflected under this holding have previously been reported by the Reporting Person.
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