SEC Form 4 · accession 0000909143-16-000051

Ashford Inc. · AINC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Executive Officer · Director · 10% Owner

Period of report

Mar 31, 2016

Accepted (ET)

Apr 1, 2016 · 5:38 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001604738

Table I — non-derivative securities

No Table I lines on this filing.

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options (right to purchase)^F1	$45.59	Mar 31, 2016	A	100,000	A	Mar 31, 2019	Mar 31, 2026	Common Stock	100,000	100,000	D
Stock Options (right to purchase)	$85.97	holding	—	—	—	Dec 11, 2017	Dec 11, 2022	Common Stock	95,000	95,000	D
Common Units^F2	$0.00	holding	—	—	—	—	—	Common Stock	143	143	D
Common Units^F2	$0.00	holding	—	—	—	—	—	Common Stock	502	502	I
Common Units^F2	$0.00	holding	—	—	—	—	—	Common Stock	36	36	I
Common Units^F2	$0.00	holding	—	—	—	—	—	Common Stock	109	109	I
Common Units^F2,F3	$0.00	holding	—	—	—	—	—	Common Stock	93	93	I
Commmon Units^F2	$0.00	holding	—	—	—	—	—	Common Stock	79	79	I

F1The options were acquired from the Issuer in a grant under the Issuer's 2014 Incentive Plan.
F2Common 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.
F3Reflects the Reporting Person's pecuniary interest in such securities held directly by Ashford Financial Corporation, of which the Reporting Person is a shareholder. The Reporting Person disclaims any beneficial interest in any other Common Units or any shares of the Issuer's common stock (or securities convertible into shares of the Issuer's common stock) held by Ashford Financial Corporation.