T11 Hhc, Llc - Aug 8, 2024 Form 4 Insider Report for Hyatt Hotels Corp (H)

Role
Other*, 10%+ Owner
Signature
/s/ Derek Arend, President
Stock symbol
H
Transactions as of
Aug 8, 2024
Transactions value $
$0
Form type
4
Date filed
8/9/2024, 05:01 PM

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 Gift $0 -3.1M -14.96% $0.00 17.6M Aug 8, 2024 Class A Common Stock 3.1M See Footnote 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 of Class B Common Stock held of record by THHC, L.L.C. The Reporting Person is the controlling member of THHC, L.L.C. and in such capacity may be deemed to beneficially own the shares held by THHC, L.L.C. The Reporting Person disclaims beneficial ownership of the shares of Class B Common Stock held by THHC, L.L.C., except to the extent of its proportionate pecuniary interest therein, if any.

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 its pecuniary interest therein.