Deric S. Eubanks - Jul 7, 2022 Form 4 Insider Report for Ashford Inc. (AINC)

Role
CFO and Treasurer
Signature
/s/ Deric S. Eubanks
Stock symbol
AINC
Transactions as of
Jul 7, 2022
Transactions value $
$0
Form type
4
Date filed
7/8/2022, 06:38 PM
Previous filing
Dec 19, 2022
Next filing
Dec 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AINC Common Stock 55.6K Jul 7, 2022 Direct
holding AINC Common Stock 30 Jul 7, 2022 By spouse's IRA

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 AINC Stock Options (right to purchase) Disposed to Issuer $0 -30K -100% $0.00* 0 Jul 7, 2022 Common Stock 0 $85.97 Direct F1
transaction AINC Stock Options (right to purchase) Award $0 +30K $0.00 30K Jul 7, 2022 Common Stock 30K $85.97 Direct F1
holding AINC Stock Options (right to purchase) 35K Jul 7, 2022 Common Stock 35K $61.12 Direct
holding AINC Stock Options (right to purchase) 27.5K Jul 7, 2022 Common Stock 27.5K $94.96 Direct
holding AINC Stock Options (right to purchase) 17.5K Jul 7, 2022 Common Stock 17.5K $57.71 Direct
holding AINC Stock Options (right to purchase) 17.5K Jul 7, 2022 Common Stock 17.5K $57.34 Direct
holding AINC Stock Options (right to purchase) 35K Jul 7, 2022 Common Stock 35K $45.59 Direct
holding AINC Common Units 27.8 Jul 7, 2022 Common Stock 27.8 $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported transaction involves an amendment of an outstanding option originally granted on December 11, 2014 (the "Former Award"), resulting in the deemed cancellation of the Former Award and the grant of a replacement option.
F2 Common units ("Common Units") in Ashford Hospitality Advisors LLC, the Issuer's operating subsidiary, owned by 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. The Common Units have no expiration date.