| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | AHT | Common Stock | Tax liability | -$943 | -109 | -0.39% | $8.65 | 28.1K | Feb 28, 2022 | Direct | F1, F2, F3 |
| holding | AHT | Common Stock | 22 | Feb 28, 2022 | By spouse's IRA | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | AHT | Common Limited Partnership Units | 1.12K | Feb 28, 2022 | Common Stock | $0.00 | Direct | F3, F4, F5, F6 | ||||||
| holding | AHT | Performance Stock Units (2021) | 23.2K | Feb 28, 2022 | Common Stock | 23.2K | $0.00 | Direct | F3, F7, F8 | |||||
| holding | AHT | Performance Stock Units (2020) | 1K | Feb 28, 2022 | Common Stock | 1K | $0.00 | Direct | F3, F7, F8 |
| Id | Content |
|---|---|
| F1 | Represents shares of common stock forfeited to the Issuer to satisfy certain tax-withholding obligations of the Reporting Person arising as a result of the vesting of restricted stock held by the Reporting Person. |
| F2 | Represents the closing price of the common stock on February 25, 2022, the last trading day before the date of forfeiture. |
| F3 | 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. |
| F4 | Common Limited Partnership Units ("Common Units") of the Ashford Hospitality Limited Partnership, the Issuer's operating subsidiary (the "Subsidiary"). 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. |
| F5 | The Common Units do not have an expiration date. |
| F6 | Reflects aggregate number of Common Units currently held by the Reporting Person, some of which may have been converted from special long-term incentive partnership units of the Subsidiary by the Reporting Person since the Reporting Person's most recent Form 4 or Form 5 filing. See Footnote 5 discussing the convertibility of the Common Units. |
| F7 | Each performance stock unit ("Performance Stock Unit") award granted in 2020 represents a right to receive between 0% and 200% of the target number of Performance Stock Units reflected in the table. Each Performance Stock Unit award granted in 2021 represents a right to receive between 0% and 250% of the target number of Performance Stock Units reflected in the table. |
| F8 | Represents the target number of common stock shares that may be issued pursuant to the award of Performance Stock Units. The actual number of shares of common stock to be issued upon vesting can range from 0% to 200% (in the case of 2020 Performance Stock Units) or 0% to 250% (in the case of 2021 Performance Stock Units) of the target number of Performance Stock Units reported, based on achievement of specified performance metrics. Assuming continued service through the vesting date and minimum achievement of the specified performance metrics, the Performance Stock Units will generally vest on December 31, 2022 (with respect to the 2020 grant) and December 31, 2023 (with respect to the 2021 grant). |