0001104659-14-082809.txt : 20141121
0001104659-14-082809.hdr.sgml : 20141121
20141121195414
ACCESSION NUMBER: 0001104659-14-082809
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20141120
FILED AS OF DATE: 20141121
DATE AS OF CHANGE: 20141121
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Ashford Hospitality Prime, Inc.
CENTRAL INDEX KEY: 0001574085
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 462488594
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 14185 DALLAS PARKWAY
STREET 2: SUITE 1100
CITY: DALLAS
STATE: TX
ZIP: 75254
BUSINESS PHONE: (972) 490-9600
MAIL ADDRESS:
STREET 1: 14185 DALLAS PARKWAY
STREET 2: SUITE 1100
CITY: DALLAS
STATE: TX
ZIP: 75254
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: KESSLER DOUGLAS A
CENTRAL INDEX KEY: 0001260655
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35972
FILM NUMBER: 141244254
MAIL ADDRESS:
STREET 1: 14185 DALLAS PARKWAY
STREET 2: SUITE 1100
CITY: DALLAS
STATE: TX
ZIP: 75254
4
1
a4.xml
4
X0306
4
2014-11-20
0
0001574085
Ashford Hospitality Prime, Inc.
AHP
0001260655
KESSLER DOUGLAS A
14185 DALLAS PARKWAY, SUITE 1100
DALLAS
TX
75254
1
1
0
0
President
Common Stock
2014-11-20
4
S
0
8551
17.3050
D
97813
D
Common Stock
2014-11-21
4
S
0
21465
17.3756
D
76348
D
Common Partnership Units
0
Common Stock
271220
271220
D
The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 20, 2014.
Reflects the weighted average sales price for the reported transactions. The Reporting Person, pursuant to the Rule 10b5-1 trading plan noted in Footnote (1) above, sold an aggregate of 8,551 shares of common stock of Ashford Hospitality Prime, Inc. ("Ashford Prime") in 32 separate transactions at prices ranging from $17.10 to $17.47. The Reporting Person will provide the SEC staff, Ashford Prime, or a security holder of Ashford Prime, upon request for same, with the full information regarding the number of shares sold at each separate price.
Includes shares issued to the Reporting Person in connection with the spin-off (the "Spin-Off") of Ashford Prime from Ashford Hospitality Trust, Inc. ("Ashford Trust") on November 19, 2013, pursuant to which the Reporting Person received one share of Ashford Prime common stock for every five shares of Ashford Trust common stock held on the record date, November 8, 2013.
Reflects the weighted average sales price for the reported transactions. The Reporting Person, pursuant to the Rule 10b5-1 trading plan noted in Footnote (1) above, sold an aggregate of 21,465 shares of Ashford Prime's common stock in 24 separate transactions at prices ranging from $17.30 to $17.48. The Reporting Person will provide the SEC staff, Ashford Prime, or a security holder of Ashford Prime, upon request for same, with the full information regarding the number of shares sold at each separate price.
Reflects common units issued to the Reporting Person in connection with Ashford Prime's spin-off from Ashford Trust on November 19, 2013. Beginning one year from the issuance date, such common units are redeemable by the Reporting Person for cash, or at the option of Ashford Prime, shares of Ashford Prime's common stock on a 1-for-1 basis. The common units do not expire.
/s/ Douglas A. Kessler
2014-11-21