J. Robison Hays III - Mar 22, 2024 Form 4 Insider Report for Ashford Inc. (AINC)

Role
Senior Managing Director
Signature
/s/ J. Robison Hays, III
Stock symbol
AINC
Transactions as of
Mar 22, 2024
Transactions value $
$0
Form type
4
Date filed
3/26/2024, 04:33 PM
Previous filing
Mar 19, 2024
Next filing
Jul 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AINC Common Stock Award $0 +15.5K +14.33% $0.00 124K Mar 22, 2024 Direct 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
holding AINC Class 2 LTIP Units 35K Mar 22, 2024 Common Stock 35K $61.12 Direct
holding AINC Class 2 LTIP Units 27.5K Mar 22, 2024 Common Stock 27.5K $94.96 Direct
holding AINC Class 2 LTIP Units 17.5K Mar 22, 2024 Common Stock 17.5K $57.71 Direct
holding AINC Class 2 LTIP Units 17.5K Mar 22, 2024 Common Stock 17.5K $57.34 Direct
holding AINC Class 2 LTIP Units 35K Mar 22, 2024 Common Stock 35K $45.59 Direct
holding AINC Class 2 LTIP Units 30K Mar 22, 2024 Common Stock 30K $85.97 Direct
holding AINC Common Units 77.1 Mar 22, 2024 Common Stock 77.1 $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 Reporting Person received the shares pursuant to a stock grant from the Issuer under the Issuer's 2014 Incentive Plan. Such shares vest in three (3) substantially equal installments on the first three (3) anniversaries following the date of grant.
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.