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