Gigi Pritzker Pucker - Mar 13, 2024 Form 4 Insider Report for Hyatt Hotels Corp (H)

Role
Other*, More than 10% owner
Signature
/s/ Gigi Pritzker Pucker
Stock symbol
H
Transactions as of
Mar 13, 2024
Transactions value $
-$200,095,782
Form type
4
Date filed
3/15/2024, 05:23 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction H Class A Common Stock +Conversion of derivative security +1,283,000 1,283,000 Mar 13, 2024 See Footnote F1, F2
transaction H Class A Common Stock -Sell -$200,095,782 -1,283,000 -100% $155.96 0 Mar 13, 2024 See Footnote F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction H Class B Common Stock -Conversion of derivative security $0 -1,283,000 -6.81% $0.00 17,554,636 Mar 13, 2024 Class A Common Stock 1,283,000 See Footnote F1, F2, F3, F4

Explanation of Responses:

Id Content
F1 In accordance with the Issuer's Amended and Restated Certificate of Incorporation, the shares of Class B Common Stock reported by the Reporting Person on Table II of this Form 4 automatically converted into shares of Class A Common Stock, in a transaction exempt from liability under Rule 16b-6(b), in connection with the sale reported by the Reporting Person in Table I of this Form 4.
F2 Represents shares of Class B Common Stock held of record by GHHC, L.L.C., a member-managed Delaware limited liability company controlled by F.L.P. Trust #14, for which UDQ Private Trust Company, LLC serves as trustee. UDQ Private Trust Company, LLC is a manager-managed South Dakota limited liability company, the sole member of which is UDQ Trust. The Reporting Person is the trustee of UDQ Trust, and in such capacity may, for the purposes hereof, be deemed to beneficially own the shares held by GHHC, L.L.C.
F3 As provided in the Issuer's Amended and Restated Certificate of Incorporation, each share of Class B Common Stock is convertible at any time, at the option of the holder, into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation.
F4 Includes shares of Class B Common Stock held of record by GHHC, L.L.C., and shares of Class B Common Stock held of record by certain other trusts for which UDQ Private Trust Company, LLC serves as trustee. In the capacity of the trustee of UDQ Trust, the sole member of UDQ Private Trust Company, LLC, the Reporting Person may, for the purposes hereof, be deemed to beneficially own the shares held by such other trusts.

Remarks:

Member of 10% owner group. The Reporting Person may be deemed to be a member of a group because the Reporting Person has agreed to certain voting agreements and limitations on transfers of shares of Class A Common Stock and Class B Common Stock. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of her pecuniary interest therein.