Key facts
- This page summarizes Deric S. Eubanks's Form 4 filing for ASHFORD HOSPITALITY TRUST INC (AHT).
- 2 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 15 Mar 2022, 21:10.
Deric S. Eubanks - 11 Mar 2022 Form 4 Insider Report for ASHFORD HOSPITALITY TRUST INC (AHT)
- Reporting relationship
- CFO and Treasurer
- Issuer ticker
- AHT
- Reported as of
- 11 Mar 2022
- Net transaction value
- -$668
- SEC form
- 4
- Accepted by SEC
- 15 Mar 2022, 21:10:32 UTC
- Prior SEC filing
- 02 Mar 2022
- Next SEC filing
- 19 Dec 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Deric S. Eubanks
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Deric S. Eubanks filed Form 4 for ASHFORD HOSPITALITY TRUST INC (AHT) on 15 Mar 2022.
Change
- Previous filing in this sequence was filed on 02 Mar 2022.
- Current net transaction value: -$668.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AHT
transaction
Common Stock
Tax liability
- Transaction value
- $668
- Shares
- -78
- Change %
- -0.28%
- Price
- $8.56
- Shares after
- 28,020
- Date
- 11 Mar 2022
- Ownership
- Direct
- Footnotes
- F1, F2
AHT
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 22
- Date
- 11 Mar 2022
- Ownership
- By spouse's IRA
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AHT
transaction
Derivative
Performance LTIP Units (2022)
Award
- Transaction value
- $0
- Shares
- +213,038
- Change %
- Price
- $0.000000
- Shares after
- 213,038
- Date
- 15 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 213,038
- Exercise price
- $0.000000
- Footnotes
- F3, F4, F5
AHT
holding
Derivative
Common Limited Partnership Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,116
- Date
- 11 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- Exercise price
- $0.000000
- Footnotes
- F6, F7, F8
AHT
holding
Derivative
Performance Stock Units (2021)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 23,208
- Date
- 11 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 23,208
- Exercise price
- $0.000000
- Footnotes
- F9, F10
AHT
holding
Derivative
Performance Stock Units (2020)
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,000
- Date
- 11 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,000
- Exercise price
- $0.000000
- Footnotes
- F9, F10
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 10 footnotes
Footnote 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.
Footnote F2
Represents the closing price of the common stock on March 10, 2022, the last trading day before the date of forfeiture.
Footnote F3
Each performance LTIP unit ("Performance LTIP Unit") award represents a special long-term incentive partnership unit ("LTIP Unit") in Ashford Hospitality Limited Partnership, the Issuer's operating subsidiary ("Subsidiary"), subject to specified performance-based vesting criteria.
Footnote F4
The Reporting Person received the Performance LTIP Units and LTIP Units awards reported herein under the Issuer's 2021 Stock Incentive Plan.
Footnote F5
Represents the maximum number of LTIP Units that may vest pursuant to such award of Performance LTIP Units, which is 250% of the target number of LTIP Units. The actual number of Performance LTIP Units that may vest can range from 0% to 250% of the target number of Performance LTIP Units, based on achievement of specified relative and total stockholder returns of the Issuer. Assuming continued service through the vesting date and achievement of the specified relative and total stockholder return, the Performance LTIP Units, will generally vest on December 31, 2024. Vested LTIP Units, upon achieving parity with the Common Units (as defined below), are convertible into Common Units at the option of the Reporting Person. See Footnote 6 discussing the convertibility of the Common Units.
Footnote F6
Common Limited Partnership Units ("Common Units") of 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.
Footnote F7
The Common Units do not have an expiration date.
Footnote F8
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 6 discussing the convertibility of the Common Units.
Footnote F9
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.
Footnote F10
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).