0001567619-20-021321.txt : 20201217
0001567619-20-021321.hdr.sgml : 20201217
20201217205751
ACCESSION NUMBER: 0001567619-20-021321
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201125
FILED AS OF DATE: 20201217
DATE AS OF CHANGE: 20201217
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: TALLIS ALAN
CENTRAL INDEX KEY: 0001187669
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-31775
FILM NUMBER: 201397772
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
2020-11-25
0
0001232582
ASHFORD HOSPITALITY TRUST INC
AHT
0001187669
TALLIS ALAN
14185 DALLAS PARKWAY
SUITE 1100
DALLAS
TX
75254
1
0
0
0
7.375% Series F Cumulative Preferred Stock
2087
I
By 2009 Tallis Family Irrevocable Trust
7.375% Series F Cumulative Preferred Stock
2087
I
By 2012 Shirley A. Tallis Irrevocable Trust
7.375% Series F Cumulative Preferred Stock
2020-11-25
4
S
0
2087
D
0
I
By 2009 Tallis Family Irrevocable Trust
7.375% Series F Cumulative Preferred Stock
2020-11-25
4
S
0
2087
D
0
I
By 2012 Shirley A. Tallis Irrevocable Trust
Common Stock
2020-11-25
4
P
0
11645
A
21949
I
By 2009 Tallis Family Irrevocable Trust
Common Stock
2020-11-25
4
P
0
11645
A
11645
I
By 2012 Shirley A. Tallis Irrevocable Trust
Common Stock
12000
I
By Tallis Family Revocable Trust, Alan L. Tallis and Shirley A. Tallis, Trustees
Common Stock
500
I
By Alan L. Tallis IRA
Special Limited Partnership Units
0
2020-12-15
4
A
0
6661
3.70
A
Common Stock
28675
D
Common Limited Partnership Units
0
Common Stock
18092
D
The 2,087 shares reported herein were not adjusted pursuant to the Issuer's reverse stock split as previously reported.
The Reporting Person disposed of 2,087 shares of 7.375% Series F Cumulative Preferred Stock in exchange for 11,645 shares of common stock in an issuer exchange offer.
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 6 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/ ALAN TALLIS
2020-12-17