UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (date of earliest event reported): February 20, 2017

 

ASHFORD HOSPITALITY PRIME, INC.

(Exact name of registrant as specified in its charter)

 

MARYLAND

 

001-35972

 

46-2488594

(State of Incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification Number)

 

14185 Dallas Parkway, Suite 1100

 

 

Dallas, Texas

 

75254

(Address of principal executive offices)

 

(Zip code)

 

Registrant’s telephone number, including area code: (972) 490-9600

 

Check the appropriate box if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14-a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

ITEM 5.02    DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

 

On February 20, 2017, Mr. Douglas A. Kessler informed the board of directors (the “Board”) of Ashford Hospitality Prime, Inc. (the “Company”) that he will not stand for re-election to the Board at the Company’s 2017 Annual Meeting of Stockholders.  The decision was made in connection with Mr. Kessler’s appointment as Chief Executive Officer of Ashford Hospitality Trust, Inc. and not as a result of a disagreement with the Company or the Board.

 

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SIGNATURE

 

Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: February 21, 2017

 

 

ASHFORD HOSPITALITY PRIME, INC.

 

 

 

 

 

 

 

By:

/s/ DAVID A. BROOKS

 

 

David A. Brooks

 

 

Chief Operating Officer and General Counsel

 

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