ECI Trust - Theodore - 15 Apr 2024 Form 4 Insider Report for Hyatt Hotels Corp (H)

Role
Other*
Signature
/s/ Zena Tamler
Issuer symbol
H
Transactions as of
15 Apr 2024
Net transactions value
-$953,989
Form type
4
Filing time
17 Apr 2024, 19:34:53 UTC
Previous filing
19 Dec 2022
Next filing
22 Apr 2024
SEC
View on sec.gov

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 Sale $953,989 -6,276 -5.7% $152.01 103,492 15 Apr 2024 Class A Common Stock 6,276 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 the weighted average sale price. The highest price at which shares were sold was $152.15 and the lowest price at which shares were sold was $152.00. The reporting person undertakes to provide to Hyatt Hotels Corporation, any security holder of Hyatt Hotels Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.

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.