0001567619-20-021316.txt : 20201217 0001567619-20-021316.hdr.sgml : 20201217 20201217195423 ACCESSION NUMBER: 0001567619-20-021316 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201215 FILED AS OF DATE: 20201217 DATE AS OF CHANGE: 20201217 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: 201397645 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 doc1.xml FORM 4 X0306 4 2020-12-15 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 2020-12-15 4 A 0 6950 3.70 A Common Stock 29793 D Common Limited Partnership Units 0 Common Stock 14062 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 Units were issued to the Reporting Person under the Issuer's 2011 Stock Incentive Plan in lieu of certain cash retainer fees and were fully vested upon grant. 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/ SHERI L PANTERMUEHL 2020-12-17