0001104659-19-030613.txt : 20190520 0001104659-19-030613.hdr.sgml : 20190520 20190520180911 ACCESSION NUMBER: 0001104659-19-030613 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190516 FILED AS OF DATE: 20190520 DATE AS OF CHANGE: 20190520 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PANTERMUEHL SHERI L CENTRAL INDEX KEY: 0001314182 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31775 FILM NUMBER: 19840291 MAIL ADDRESS: STREET 1: PO BOX 2545 COPPER CREEK LANE CITY: CARROLLTON STATE: TX ZIP: 75006 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 a4.xml 4 X0306 4 2019-05-16 0 0001232582 ASHFORD HOSPITALITY TRUST INC AHT 0001314182 PANTERMUEHL SHERI L 14185 DALLAS PARKWAY SUITE 1100 DALLAS TX 75254 1 0 0 0 Special Limited Partnership Units 0 2019-05-16 4 A 0 16605 0.05 A Common Stock 29444 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 ("Common Units"), are convertible into Common Units at the option of the Reporting Person. See Footnote 5 discussing the convertibility of Common Units. The LTIP Units reported herein were issued as an annual award under the Issuer's 2011 Stock Incentive Plan after the Reporting Person's re-election to the Issuer's Board of Directors. Neither the LTIP Units nor the Common Units have an expiration date. Per LTIP Unit purchase price. Common Units are redeemable for cash or, at the option of the Issuer, convertible into shares of the Issuer's common stock based on a conversion ratio described in Amendment No. 5 to the Seventh Amended and Restated Agreement of the Limited Partnership dated December 13, 2017, which, on May 16, 2019, was 1.0 share of the Issuer's common stock for each Common Unit. /s/ SHERI L PANTERMUEHL 2019-05-20