NUNNELEY MARK (Chief Accounting 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

NUNNELEY MARK

Filed: 3/8/2024ACC: 0001104659-24-032538

InsiderNUNNELEY MARKCIK 1261029

→

IssuerASHFORD HOSPITALITY TRUST INCCIK 1232582

Officer· Chief Accounting Officer

Since Feb 2019

-3.05K

Net shares

Net seller

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

9.16K acquired · 12.21K disposed

Non-Derivative Transactions1

Common Stock

Direct

M · Option Exercise

+9.16K

Price / share

—

Trade value

—

% of position

86.4%

3/6/2024

10.61K→19.77K

Total

Net shares

+9.16K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/6/2024	M · Option Exercise	+9.16K	—	—	86.4%	10.61K	19.77K
Total			+9.16K		$0.00

Derivative Transactions2

Performance Stock Units (2021)

Direct

D · Disposition

Converts to

Common Stock

9.16K shares

−3.05K

Strike price

0.00

Held after

9.16K

Exercisable

—

3/6/2024

Performance Stock Units (2021)

Direct

M · Option Exercise

Converts to

Common Stock

0.00 shares

−9.16K

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 Stock9.16K shares	3/6/2024	D · Disposition	−3.05K	0.00	—	9.16K
Performance Stock Units (2021) Direct	Common Stock0.00 shares	3/6/2024	M · Option Exercise	−9.16K	0.00	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)3

Performance LTIP Units (2023)

Direct

Underlying security

Common Stock

Underlying shares

63.28K

Shares owned

63.28K

Exercise price

0.00

Expiration

—

Exercise window

—

Common Limited Partnership Units

Direct

Underlying security

Common Stock

Underlying shares

N/A

Shares owned

4.72K

Exercise price

0.00

Expiration

—

Exercise window

—

Performance LTIP Units (2022)

Indirect

Underlying security

Common Stock

Underlying shares

123.70K

Shares owned

123.70K

Exercise price

0.00

Expiration

—

Exercise window

—

Total

Underlying

186.98K

Owned

191.70K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Performance LTIP Units (2023) Direct	Common Stock	0.00	—	—	63.28K	63.28K
Common Limited Partnership Units Direct	Common Stock	0.00	—	—	N/A	4.72K
Performance LTIP Units (2022) Indirect	Common Stock	0.00	—	—	123.70K	123.70K
Total					186.98K	191.70K