0001104659-24-064271.txt : 20240522 0001104659-24-064271.hdr.sgml : 20240522 20240522161751 ACCESSION NUMBER: 0001104659-24-064271 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240520 FILED AS OF DATE: 20240522 DATE AS OF CHANGE: 20240522 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Jafarnia Kamal CENTRAL INDEX KEY: 0001568076 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31775 FILM NUMBER: 24973510 MAIL ADDRESS: STREET 1: 7201 REGENCY COURT CITY: PLANO STATE: TX ZIP: 75024 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ASHFORD HOSPITALITY TRUST INC CENTRAL INDEX KEY: 0001232582 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction 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 tm2415144-2_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2024-05-20 0 0001232582 ASHFORD HOSPITALITY TRUST INC AHT 0001568076 Jafarnia Kamal 14185 DALLAS PARKWAY SUITE 1200 DALLAS TX 75254 1 0 0 0 0 Common Stock 23 D Special Limited Partnership Units 0 2024-05-20 4 A 0 20000 0.00 A Common Stock 42951 D Common Limited Partnership Units 0 Common Stock 23962 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 4 discussing the convertibility of Common Units. 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. Neither the LTIP Units nor the Common Units have an expiration date. 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. /s/ KAMAL JAFARNIA 2024-05-22