Benjamin J. Ansell MD - Jul 19, 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
Jul 19, 2021
Transactions value $
$89,411
Form type
4
Date filed
7/20/2021, 09:29 PM
Previous filing
May 14, 2021
Next filing
Nov 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AHT Common Stock Gift $0 -5.6K -46.43% $0.00 6.46K Jun 15, 2021 Direct F1, F2
transaction AHT Common Stock Purchase $89.4K +5.3K +106% $16.87 10.3K Jul 19, 2021 By Ansell 2020 Trust F2
holding AHT Common Stock 20.7K Jul 19, 2021 By Ansell Family Trust F1, F2
holding AHT Common Stock 153 Jul 19, 2021 By Benjamin J. Ansell, as Trustee FBO of Benjamin Ansell GST Trust under Agreement dated 1/2/2003 F2

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 128 Jul 19, 2021 Common Stock 128 $0.00 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 15, 2021, the Reporting Person transferred 5,596 shares of the Issuer's common stock to the Ansell Family Trust, a family trust of which the Reporting Person is trustee. The Reporting Person and members of his immediate family are the sole beneficiaries of the Ansell Family Trust.
F2 The shares shown have been adjusted to reflect the Issuer's reverse stock split of its outstanding shares of common stock on a 1-for-10 basis that occurred on July 16, 2021.
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.