Key facts
- This page summarizes Kamal Jafarnia's Form 4 filing for ASHFORD HOSPITALITY TRUST INC (AHT).
- 1 reported transaction and 2 derivative rows are listed below.
- Accepted by SEC: 22 May 2024, 16:17.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
No transaction description listed
Additional SEC filing notes
Footnote F1
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 4 discussing the convertibility of Common Units.
Footnote F2
The LTIP Unit awards reported herein were issued as an annual grant under the Issuer's 2021 Stock Incentive Plan in connection with the Reporting Person's continued service on the Issuer's Board of Directors.
Footnote F3
Neither the LTIP Units nor the Common Units have an expiration date.
Footnote F4
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.