Filing Details
- Accession Number:
- 0001104659-19-036372
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-06-19 16:18:28
- Reporting Period:
- 2019-06-18
- Accepted Time:
- 2019-06-19 16:18:28
- 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 |
|---|---|---|---|---|---|---|---|
| 1464574 | Md J Benjamin Ansell | 14185 Dallas Parkway Suite 1100 Dallas TX 75254 | Yes | No | 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 | 2019-06-18 | 20,000 | $3.36 | 104,405 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 103,200 | Indirect | By Ansell Family Trust |
| Common Stock | 15,313 | Indirect | By Benjamin J. Ansell, as Trustee FBO of Benjamin Ansell GST Trust under Agreement dated 1/2/2003 |
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 | 0 | 12,839 | Direct | ||
| Common Stock | Common Limited Partnership Units | $0.00 | 0 | 53,149 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 0 | 12,839 | Direct | |
| 0 | 53,149 | Direct |
Footnotes
- Reflects the weighted average purchase price for the reported transactions. The shares were purchased in multiple transactions at prices ranging from $3.35 to $3.36, inclusive. The Reporting Person will provide the SEC staff, the Issuer, or any security holder of the Issuer, upon request for same, with the full information regarding the number of shares purchased at each separate price within the range specified.
- 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.
- Neither the LTIP Units nor the Common Units have an expiration date.
- Common Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock based on a conversion ratio described in Amendment No. 5 to the Seventh Amended and Restated Agreement of the Limited Partnership dated December 13, 2017, which, on May 16, 2019, was 1.0 share of the Issuer's common stock for each Common Unit.
- Reflects the aggregate number of Common Units beneficially owned by the Reporting Person, some of which may have been converted from LTIP Units by the Reporting Person since the Reporting Person's most recent Form 4 or Form 5 filing. See Footnote 4 discussing the convertibility of the Common Units.
Billionaire Hedge Funds
