Benjamin J. Ansell MD - May 12, 2021 Form 4 Insider Report for ASHFORD HOSPITALITY TRUST INC (AHT)

Role
Director
Signature
/s/ BENJAMIN J. ANSELL, MD
Stock symbol
AHT
Transactions as of
May 12, 2021
Transactions value $
$6,788
Form type
4
Date filed
5/14/2021, 08:42 PM
Next filing
Jul 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AHT Common Stock Award $0 +35K +40.95% $0.00 121K May 12, 2021 Direct F1
transaction AHT Common Stock Award $6.79K +2.3K +2.77% $2.95 85.5K May 12, 2021 Direct F2
holding AHT Common Stock 151K May 12, 2021 By Ansell Family Trust
holding AHT Common Stock 50K May 12, 2021 By Ansell 2020 Trust
holding AHT Common Stock 1.53K May 12, 2021 By Benjamin J. Ansell, as Trustee FBO of Benjamin Ansell GST Trust under Agreement dated 1/2/2003

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding AHT Special Limited Partnership Units 1.28K May 12, 2021 Common Stock 1.28K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received the shares pursuant to a stock grant from the Issuer, under the Issuer's 2021 Stock Incentive Plan (the "Plan"), in connection with the re-election of the Reporting Person to the Issuer's Board of Directors.
F2 The shares were issued to the Reporting Person under the Plan in lieu of certain cash retainer fees and were fully vested upon grant.
F3 Represents 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. 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.
F4 The LTIP Units do not have an expiration date.