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