0001567619-21-011652.txt : 20210603 0001567619-21-011652.hdr.sgml : 20210603 20210603182635 ACCESSION NUMBER: 0001567619-21-011652 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210602 FILED AS OF DATE: 20210603 DATE AS OF CHANGE: 20210603 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NUNNELEY MARK CENTRAL INDEX KEY: 0001261029 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-31775 FILM NUMBER: 21994046 MAIL ADDRESS: STREET 1: 14185 DALLAS PARKWAY STREET 2: SUITE 1100 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 doc1.xml FORM 4 X0306 4 2021-06-02 0 0001232582 ASHFORD HOSPITALITY TRUST INC AHT 0001261029 NUNNELEY MARK 14185 DALLAS PARKWAY SUITE 1200 DALLAS TX 75254 0 1 0 0 Chief Accounting Officer Common Stock 2021-06-02 4 S 0 2185 6.03 D 192840 D Common Stock 2021-06-02 4 S 0 32728 6.00 D 160112 D Common Stock 2021-06-02 4 S 0 32728 6.00 D 127384 D Common Limited Partnership Units(1) 0.00 Common Stock 47189 D Performance Stock Units (2021) 0.00 2023-12-31 2023-12-31 Common Stock 122150 122150 D Performance Stock Units (2020) 0.00 2022-12-31 2022-12-31 Common Stock 5000 5000 D Performance Stock Units (2019) 0.00 2021-12-31 2021-12-31 Common Stock 5703 5703 D Common Limited Partnership Units ("Common Units") of Ashford Hospitality Limited Partnership, the Issuer's operating subsidiary (the "Subsidiary"). 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. The Common Units do not have an expiration date. Reflects aggregate number of Common Units currently held by the Reporting Person, some of which have been converted from special long-term incentive partnership units of the Subsidiary by the Reporting Person. See Footnote 1 discussing the convertibility of the Common Units. Represents the target number of common stock shares that may be issued pursuant to the award of Performance Stock Units. The actual number of shares of common stock to be issued upon vesting can range from 0% to 200% (in the case of 2020 Performance Stock Units) or 0% to 250% (in the case of 2021 Performance Stock Units) of the target number of Performance Stock Units reported, based on achievement of specified performance metrics. Assuming continued service through the vesting date and minimum achievement of the specified performance metrics, the Performance Stock Units will generally vest on December 31, 2021 (with respect to the 2019 grant), December 31, 2022 (with respect to the 2020 grant) and December 31, 2023 (with respect to the 2021 grant). Represents the target number of common stock shares that may be issued pursuant to the award of Performance Stock Units. The actual number of shares of common stock to be issued upon vesting can range from 0% to 200% (in the case of 2020 Performance Stock Units) or 0% to 250% (in the case of 2021 Performance Stock Units) of the target number of Performance Stock Units reported, based on achievement of specified performance metrics. Assuming continued service through the vesting date and minimum achievement of the specified performance metrics, the Performance Stock Units will generally vest on December 31, 2021 (with respect to the 2019 grant), December 31, 2022 (with respect to the 2020 grant) and December 31, 2023 (with respect to the 2021 grant). /s/ Mark Nunneley 2021-06-03