0001104659-24-064277.txt : 20240522
0001104659-24-064277.hdr.sgml : 20240522
20240522162121
ACCESSION NUMBER: 0001104659-24-064277
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: KLEISNER FRED J
CENTRAL INDEX KEY: 0001286494
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31775
FILM NUMBER: 24973575
MAIL ADDRESS:
STREET 1: C/O MORGANS HOTEL GROUP CO.
STREET 2: 475 TENTH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10018
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
tm2415144-4_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-05-20
0
0001232582
ASHFORD HOSPITALITY TRUST INC
AHT
0001286494
KLEISNER FRED J
14185 DALLAS PARKWAY
SUITE 1200
DALLAS
TX
75254
1
0
0
0
0
Common Stock
101
D
Special Limited Partnership Units
0
2024-05-20
4
A
0
20000
0.00
A
Common Stock
42923
D
Common Limited Partnership Units
0
Common Stock
23359
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 upon 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.
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/ FRED J. KLEISNER
2024-05-22