SEC Form 4 · accession 0001140361-18-029162
Ashford Inc. · AINC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Mauldin
Director
Period of report
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 5:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001604738
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | Jun 15, 2018 | A | 1,040 | $0.00 | A | 4,518 | D | |
| Common StockF3 | holding | — | — | — | 394 | I | By Mauldin Management Defined Benefit Cash Balance Plan & Trust FBO Pooled Account dated 1/1/2010 | |
| Common StockF4 | holding | — | — | — | 394 | I | By Business Marketing Group Defined Benefit Cash Balance Plan & Trust dated 12/27/2010 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were issued to the Reporting Person as an annual stock grant from the Issuer under the Issuer's 2014 Incentive Plan upon the Reporting Person's re-election to the Issuer's Board of Directors.
- F2The annual stock grant was made to the Reporting Person as part of the non-employee director annual base retainer of $150,000, which is payable 50% in cash and 50% in common stock of the Issuer. The common stock acquired by the Reporting Person and reported on this Form 4 reflects the common stock portion of such annual base retainer.
- F3Held directly by the Mauldin Management Defined Benefit Cash Balance Plan & Trust FBO Pooled Account dated 1/1/2010, of which the Reporting Person is a trustee and a participant. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
- F4Held directly by the Business Marketing Group Defined Benefit Cash Balance Plan & Trust dated 12/27/2010, of which the Reporting Person is a trustee and a participant. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.