Kamal Jafarnia - 20 May 2024 Form 4 Insider Report for ASHFORD HOSPITALITY TRUST INC (AHT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 May 2024, 16:17:51 UTC
Prior SEC filing
02 Apr 2024
Next SEC filing
02 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ KAMAL JAFARNIA

Key filing fact

Kamal Jafarnia filed Form 4 for ASHFORD HOSPITALITY TRUST INC (AHT) on 22 May 2024.

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.

Change

  • Previous filing in this sequence was filed on 02 Apr 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AHT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
23
Date
20 May 2024
Ownership
Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

AHT transaction Derivative

Special Limited Partnership Units

Award

Transaction value
$0
Shares
+20,000
Change %
+87%
Price
$0.000000
Shares after
42,951
Date
20 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
Exercise price
$0.000000
Footnotes
F1, F2, F3, F4
AHT holding Derivative

Common Limited Partnership Units

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
23,962
Date
20 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
Exercise price
$0.000000
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

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.

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