Home > Insider Trading > Filing (0001567619-20-021321)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1232582	Ashford Hospitality Trust Inc	AHT	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1187669	Alan Tallis	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
7.375% Series F Cumulative Preferred Stock	Disposition	2020-11-25	2,087	$0.00	0	No	4	S	Indirect	By 2009 Tallis Family Irrevocable Trust
7.375% Series F Cumulative Preferred Stock	Disposition	2020-11-25	2,087	$0.00	0	No	4	S	Indirect	By 2012 Shirley A. Tallis Irrevocable Trust
Common Stock	Acquisiton	2020-11-25	11,645	$0.00	21,949	No	4	P	Indirect	By 2009 Tallis Family Irrevocable Trust
Common Stock	Acquisiton	2020-11-25	11,645	$0.00	11,645	No	4	P	Indirect	By 2012 Shirley A. Tallis Irrevocable Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By 2009 Tallis Family Irrevocable Trust
No	4	S	Indirect	By 2012 Shirley A. Tallis Irrevocable Trust
No	4	P	Indirect	By 2009 Tallis Family Irrevocable Trust
No	4	P	Indirect	By 2012 Shirley A. Tallis Irrevocable Trust

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Special Limited Partnership Units	Acquisiton	2020-12-15	6,661	$3.70	0	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
28,675			No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
7.375% Series F Cumulative Preferred Stock	2,087	Indirect	By 2009 Tallis Family Irrevocable Trust
7.375% Series F Cumulative Preferred Stock	2,087	Indirect	By 2012 Shirley A. Tallis Irrevocable Trust
Common Stock	12,000	Indirect	By Tallis Family Revocable Trust, Alan L. Tallis and Shirley A. Tallis, Trustees
Common Stock	500	Indirect	By Alan L. Tallis IRA

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Common Limited Partnership Units	$0.00			0	18,092	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	0	18,092	Direct

Footnotes

The 2,087 shares reported herein were not adjusted pursuant to the Issuer's reverse stock split as previously reported.
The Reporting Person disposed of 2,087 shares of 7.375% Series F Cumulative Preferred Stock in exchange for 11,645 shares of common stock in an issuer exchange offer.
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 6 discussing the convertibility of Common Units.
The LTIP Units were issued to the Reporting Person under the Issuer's 2011 Stock Incentive Plan in lieu of certain cash retainer fees and were fully vested upon grant.
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 on a 1-for-1 basis as described in Amendment No. 5 to the Seventh Amended and Restated Agreement of the Limited Partnership dated December 13, 2017.