-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IKFDvz1mu3ZvTQTp1R1Iv0/E1k1Vx4OEi7D52C3cSSdBScy6f0VLzV6ohYEy5Wvj L8lXkUKy4yIZLk8GdZD8Ug== 0001181431-08-021252.txt : 20080325 0001181431-08-021252.hdr.sgml : 20080325 20080325204554 ACCESSION NUMBER: 0001181431-08-021252 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080321 FILED AS OF DATE: 20080325 DATE AS OF CHANGE: 20080325 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BROOKS DAVID A CENTRAL INDEX KEY: 0001260555 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31775 FILM NUMBER: 08710546 MAIL ADDRESS: STREET 1: 14180 DALLAS PARKWAY STREET 2: 9TH FLOOR 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 rrd201019.xml DAVID BROOKS FORM 4 X0202 4 2008-03-21 0 0001232582 ASHFORD HOSPITALITY TRUST INC AHT 0001260555 BROOKS DAVID A 14185 DALLAS PARKWAY SUITE 1100 DALLAS TX 75254 0 1 0 0 Chief Legal Officer and Sec. Common Stock 230834 D Special Limited Partnership Units 0.00 2008-03-21 4 A 0 140500 0.05 A Common Stock 140500 140500 D Common Limited Partnership Units 0.00 Common Stock 220647 220647 I See Footnote Special long-term incentive partnership units ("LTIP Units") in Ashford Hospitality Limited Partnership, the Issuer's operating subsidiary. Vested LTIP Units, upon achieving parity with the Common Limited Partnership Units, 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 Amended and Restated 2003 Stock Incentive Plan. The LTIP Units vest as follows: March 21, 2009 (10%), March 21, 2010 (15%), March 21, 2011 (15%), March 21, 2012 (15%) and March 21, 2013 (45%). The LTIP Units have no expiration date. Per LTIP Unit purchase price. All such units are currently convertible into cash or, at the option of the Issuer, shares of the Issuer's common stock on a 1-for-1 basis. The units have no expiration date. Held by various limited partnerships in which the Reporting Person holds an interest. /s/ DAVID A. BROOKS 2008-03-25 -----END PRIVACY-ENHANCED MESSAGE-----