0000909143-11-000029.txt : 20110527 0000909143-11-000029.hdr.sgml : 20110527 20110527180336 ACCESSION NUMBER: 0000909143-11-000029 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110525 FILED AS OF DATE: 20110527 DATE AS OF CHANGE: 20110527 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BENNETT ARCHIE JR CENTRAL INDEX KEY: 0001260653 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31775 FILM NUMBER: 11879284 MAIL ADDRESS: STREET 1: 14185 DALLAS PARKWAY STREET 2: SUITE 1100 CITY: DALLAS STATE: TX ZIP: 75254 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ASHFORD HOSPITALITY TRUST INC CENTRAL INDEX KEY: 0001232582 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 861062192 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 14185 DALLAS PARKWAY SUITE 1100 CITY: DALLAS STATE: TX ZIP: 75254 BUSINESS PHONE: 9724909600 MAIL ADDRESS: STREET 1: 14185 DALLAS PARKWAY SUITE 1100 CITY: DALLAS STATE: TX ZIP: 75254 4 1 primary_doc.xml PRIMARY DOCUMENT X0303 4 2011-05-25 0 0001232582 ASHFORD HOSPITALITY TRUST INC AHT 0001260653 BENNETT ARCHIE JR 14185 DALLAS PARKWAY SUITE 1100 DALLAS TX 75254 1 1 0 0 Chairman of the Board Special Limited Partnership Units 0 2011-05-25 4 A 0 157112 0.05 A Common Stock 157112 545000 D 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, are convertible into Common Limited Partnership Units at the option of the Reporting Person. Common Limited Partnership Units are convertible into cash or, at the option of the Issuer, into shares of the Issuer's common stock on a 1-for-1 basis. The LTIP Units were issued under the Issuer's 2011 Stock Incentive Plan. The LTIP Units reported herein vest and are convertible in four equal annual installments on March 31, 2012, March 31, 2013, March 31, 2014 and March 31, 2015, respectively. The LTIP Units have no expiration date. Per LTIP Unit purchase price. Includes LTIP Units previously granted to, and reported by, the Reporting Person having different grant and vesting dates, some of which (i) may have achieved parity with the Common Limited Partnership Units, (ii) have not yet achieved parity with the Common Limited Partnership Units, (iii) are currently vested, or (iv) have not yet vested. /s/ ARCHIE BENNETT, JR. 2011-05-26