HAYS J ROBISON III (Chief Strategy Officer) exercised options at ASHFORD HOSPITALITY TRUST INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

HAYS J ROBISON III

Filed: 3/8/2024ACC: 0001104659-24-032536

InsiderHAYS J ROBISON IIICIK 1623909

→

IssuerASHFORD HOSPITALITY TRUST INCCIK 1232582

Officer· Chief Strategy Officer

Since Feb 2019

-18.50K

Net shares

Net seller

$12.2K

Total sold

Open market trades

0B · 0S

Total transactions

32.06K acquired · 50.56K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+32.06K

Price / share

—

Trade value

—

% of position

35.6%

3/6/2024

89.98K→122.04K

Common Stock

Direct

F · Tax Withholding

−7.81K

Price / share

$1.56

Trade value

$12.18K

% of position

6.4%

3/6/2024

122.04K→114.23K

Total

Net shares

+24.26K

Net value

-$12.18K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/6/2024	M · Option Exercise	+32.06K	—	—	35.6%	89.98K	122.04K
Common Stock Direct	3/6/2024	F · Tax Withholding	−7.81K	$1.56	$12.18K	6.4%	122.04K	114.23K
Total			+24.26K		-$12.18K

Derivative Transactions2

Performance Stock Units (2021)

Direct

D · Disposition

Converts to

Common Stock

32.06K shares

−10.69K

Strike price

0.00

Held after

32.06K

Exercisable

—

3/6/2024

Performance Stock Units (2021)

Direct

M · Option Exercise

Converts to

Common Stock

0.00 shares

−32.06K

Strike price

0.00

Held after

0.00

Exercisable

—

3/6/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Performance Stock Units (2021) Direct	Common Stock32.06K shares	3/6/2024	D · Disposition	−10.69K	0.00	—	32.06K
Performance Stock Units (2021) Direct	Common Stock0.00 shares	3/6/2024	M · Option Exercise	−32.06K	0.00	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)3

Performance Stock Units (2023)

Direct

Underlying security

Common Stock

Underlying shares

87.34K

Shares owned

87.34K

Exercise price

0.00

Expiration

—

Exercise window

—

Performance LTIP Units (2022)

Direct

Underlying security

Common Stock

Underlying shares

377.69K

Shares owned

377.69K

Exercise price

0.00

Expiration

—

Exercise window

—

Common Limited Partnership Units

Direct

Underlying security

Common Stock

Underlying shares

4.68K

Shares owned

4.68K

Exercise price

0.00

Expiration

—

Exercise window

—

Total

Underlying

469.71K

Owned

469.71K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Performance Stock Units (2023) Direct	Common Stock	0.00	—	—	87.34K	87.34K
Performance LTIP Units (2022) Direct	Common Stock	0.00	—	—	377.69K	377.69K
Common Limited Partnership Units Direct	Common Stock	0.00	—	—	4.68K	4.68K
Total					469.71K	469.71K