Mark Nunneley - Mar 15, 2022 Form 4 Insider Report for Ashford Inc. (AINC)

Role
Chief Accounting Officer
Signature
/s/ Mark L. Nunneley
Stock symbol
AINC
Transactions as of
Mar 15, 2022
Transactions value $
$0
Form type
4
Date filed
3/17/2022, 09:30 PM
Previous filing
Mar 15, 2022
Next filing
Apr 1, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AINC Common Stock Award $0 +9.99K +24.6% $0.00 50.6K Mar 15, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding AINC Class 2 LTIP Units 20K Mar 15, 2022 Common Stock 20K $61.12 Direct
holding AINC Class 2 LTIP Units 16.3K Mar 15, 2022 Common Stock 16.3K $94.96 Direct
holding AINC Class 2 LTIP Units 10K Mar 15, 2022 Common Stock 10K $57.71 Direct
holding AINC Class 2 LTIP Units 10K Mar 15, 2022 Common Stock 10K $57.34 Direct
holding AINC Class 2 LTIP Units 20K Mar 15, 2022 Common Stock 20K $45.59 Direct
holding AINC Class 2 LTIP Units 30K Mar 15, 2022 Common Stock 30K $85.97 Direct
holding AINC Common Units 133 Mar 15, 2022 Common Stock 133 $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received the shares pursuant to a stock grant from the Issuer under the Issuer's 2014 Incentive Plan. Such shares vest in three (3) substantially equal installments on the first three (3) anniversaries following the date of grant.
F2 Common units ("Common Units") in Ashford Hospitality Advisors LLC, the Issuer's operating subsidiary, owned by the Reporting Person. 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 have no expiration date.