Alan Tallis - May 10, 2022 Form 4 Insider Report for ASHFORD HOSPITALITY TRUST INC (AHT)

Role
Director
Signature
/s/ ALAN TALLIS
Stock symbol
AHT
Transactions as of
May 10, 2022
Transactions value $
$0
Form type
4
Date filed
5/12/2022, 09:38 PM
Previous filing
May 14, 2021
Next filing
May 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AHT Common Stock 3.5K May 10, 2022 Direct F1
holding AHT Common Stock 2.19K May 10, 2022 By 2009 Tallis Family Irrevocable Trust F1
holding AHT Common Stock 1.16K May 10, 2022 By 2012 Shirley A. Tallis Irrevocable Trust F1
holding AHT Common Stock 1.2K May 10, 2022 By Tallis Family Revocable Trust, Alan L. Tallis and Shirley A. Tallis, Trustees F1
holding AHT Common Stock 50 May 10, 2022 By Alan L. Tallis IRA F1

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
transaction AHT Special Limited Partnership Units Award $0 +8.05K +2630.72% $0.00 8.36K May 10, 2022 Common Stock $0.00 By 2009 Tallis Family Irrevocable Trust F1, F2, F3, F4, F5
transaction AHT Special Limited Partnership Units Award $0 +8.05K +2630.72% $0.00 8.36K May 10, 2022 Common Stock $0.00 By 2012 Shirley A. Tallis Irrevocable Trust F1, F2, F3, F4, F5
holding AHT Common Limited Partnership Units 2.17K May 10, 2022 Common Stock $0.00 By 2009 Tallis Family Irrevocable Trust F1, F4, F5
holding AHT Common Limited Partnership Units 2.17K May 10, 2022 Common Stock $0.00 By 2012 Shirley A. Tallis Irrevocable Trust F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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 5 discussing the convertibility of Common Units.
F3 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.
F4 Neither the LTIP Units nor the Common Units have an expiration date.
F5 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.