|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
|
| |||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Common Limited Partnership Units | $ 0 | (1) | (1) | Common Stock | 2,756,028 | 2,756,028 | I | See Footnote (2) | |||||||
Common Limited Partnership Units | $ 0 | (3) | (3) | Common Stock | 512,500 | 512,500 | I | See Footnote (3) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BENNETT MONTGOMERY J 14185 DALLAS PARKWAY SUITE 1100 DALLAS, TX 75254 |
X | President and CEO |
/s/ MONTGOMERY J. BENNETT | 03/26/2008 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | As previously reported, these units are currently convertible into cash or, at the option of the Issuer, into shares of the Issuer's common stock on a 1-for-1 basis. These units have no expiration date. |
(2) | Held directly by Dartmore GP, a general partnership in which the Reporting Person has a pecuniary or controlling interest. |
(3) | Held directly by Ashford Financial Corp. and units reported reflect the Reporting Person's pecuniary interest in such entity. The Reporting Person hereby disclaims interest in all other securities of the Issuer held directly by Ashford Financial Corp. As previously reported, these units are currently convertible into cash or, at the option of the Issuer, into shares of the Issuer's common stock on a 1-for-1 basis. These units have no expiration date. |
Remarks: This amendment is filed to correct (1) the total number of shares of common stock held directly by the Reporting Person (taking into account the transfer of certain shares by Texas Sienna I, Inc. to the Reporting Person), and (2) to accurately reflect the total number of Common Limited Partnership Units held by the Reporting Person prior to the transactions reported in the original Form 4 and identify the direct owners of such units. Pursuant to general instruction 9(b) of Form 4, the Reporting Person is only amending and restating the incorrect line items of the original Form 4 and adding a separate line item in Table II. No other changes to the information reflected in the original Form 4 are necessary. |