JSPV P.G. Trust - Jun 30, 2023 Form 3 Insider Report for Hyatt Hotels Corp (H)

Role
Other*
Signature
/s/ Zena Tamler, Authorized Signatory
Stock symbol
H
Transactions as of
Jun 30, 2023
Transactions value $
$0
Form type
3
Date filed
7/6/2023, 04:31 PM
Next filing
Dec 22, 2023

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
holding H Class B Common Stock Jun 30, 2023 Class A Common Stock 296K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Represents shares transferred by trusts having the same trustees. No consideration was paid in connection with such transfers. Each such transfer of shares of Class B Common Stock to the Reporting Person constitutes a "permitted transfer" as defined under the Issuer's Amended and Restated Certificate of Incorporation. Contemporaneous with such transfers, Zena Tamler, Andrew D. Wingate and Lucinda Falk, solely in their capacity as trustees of the Reporting Person, have executed a joinder to, and thereby have become subject to the provisions of, the Amended and Restated Global Hyatt Agreement. Accordingly, immediately following the transfers, the shares remain shares of Class B Common Stock.

Remarks:

The Reporting Person may be deemed to be a member of a 10% owner 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 the pecuniary interest therein.