W. Michael Murphy - May 10, 2023 Form 4/A - Amendment Insider Report for Ashford Inc. (AINC)

Role: Director
Signature: /s/ W. Michael Murphy
Stock symbol: AINC
Transactions as of: May 10, 2023
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 5/16/2023, 04:24 PM
Date Of Original Report: May 12, 2023
Previous filing: May 13, 2022
Next filing: May 23, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AINC	Common Stock	Award	$0	+9.88K	+30.9%	$0.00	41.9K	May 10, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The number of Deferred Stock Units issued to the Reporting Person as an annual equity grant from the Issuer under the Issuer's 2014 Incentive Plan was incorrectly reported on the Form 4 filed by the Reporting Person on May 12, 2023 due to an administrative error. This amended Form 4 shows the correct number of Deferred Stock Units granted. Each Deferred Stock Unit is fully vested and convertible into one share of the Issuer's common stock upon the earlier to occur of the Reporting Person's separation from service or a change of control of the Issuer. The Reporting Person also owns 4,774 shares of the Issuer's common stock.

Content

The number of Deferred Stock Units issued to the Reporting Person as an annual equity grant from the Issuer under the Issuer's 2014 Incentive Plan was incorrectly reported on the Form 4 filed by the Reporting Person on May 12, 2023 due to an administrative error. This amended Form 4 shows the correct number of Deferred Stock Units granted. Each Deferred Stock Unit is fully vested and convertible into one share of the Issuer's common stock upon the earlier to occur of the Reporting Person's separation from service or a change of control of the Issuer. The Reporting Person also owns 4,774 shares of the Issuer's common stock.