Accession Number: | 0001104659-23-059136 |
Date: | 2023-05-09 |
Issuer: | ASHFORD HOSPITALITY TRUST INC (AHT) |
Original Submission Date: |
PANTERMUEHL SHERI L
14185 DALLAS PARKWAY
SUITE 1200
DALLAS, TX 75254
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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SPECIAL LIMITED PARTNERSHIP UNITS | 0.0 | 2023-05-09 | deemed execution date | A | 22,352 (a) | common stock | $0.00 | 22,978 | direct | |||
COMMON LIMITED PARTNERSHIP UNITS | 0.0 | deemed execution date | 0 ( ) | common stock | $0.00 | 23,651 | direct |
ID | footnote |
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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. |
f2 | the ltip unit awards reported herein were issued as an annual grant under the issuer's 2021 stock incentive plan upon the reporting person's re-election to the issuer's board of directors. |
f3 | neither the ltip units nor the common units have an expiration date. |
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. |