13D Filing: Sessa Capital (master) Files Grievance With NYSE Over Ashford Hospitality Prime, Inc. (AHP)’s Penny Preferred Stock Issuance

Page 1 of 8

John Petry‘s Sessa Capital has just filed a Form 13D with the SEC, updating the regulatory body on the latest information related to its position in Ashford Hospitality Prime Inc (NYSE:AHP). Sessa Capital owns 2.33 million shares of AHP, unchanged from the end of 2015, when it was the largest shareholder of the company in our database. More interestingly, the filing reveals that Sessa Capital released a press release today, detailing that it has contacted the NYSE about possible trading violations by AHP. You can see the latest ownership position in the table below, while the filing and the details of the press release are embedded below and on the following pages.

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Sessa Capital (Master) 2,330,726   2,330,726   2,330,726 8.2%
Sessa Capital GP 2,330,726   2,330,726   2,330,726 8.2%
Sessa Capital IM 2,330,726   2,330,726   2,330,726 8.2%
Sessa Capital IM GP 2,330,726   2,330,726   2,330,726 8.2%
John Petry 2,330,726   2,330,726   2,330,726 8.2%

Follow John Petry's Sessa Capital

Page 1 of 8 SEC Filing

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Schedule 13D

Under the Securities Exchange Act of 1934

(Amendment No. 5)*

Ashford
Hospitality Prime, Inc.

(Name of Issuer)

Common Stock, $0.01 par value per share

(Title of Class of Securities)

044102101

(CUSIP Number)

Thomas R. Stephens

Bartlit Beck Herman Palenchar & Scott LLP

1899 Wynkoop Street, Suite 800

Denver, Colorado 80202

(303) 592-3100

(Name,
Address and Telephone Number of Person Authorized to Receive Notices and Communications)

February 17, 2016

(Date of Event which Requires Filing of this Statement)

If the filing person has
previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following
box.  ¨

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for
other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information
which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be
deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).

(Continued on following pages)

Follow Braemar Hotels & Resorts Inc. (NYSE:BHR)












Page 1 of 8