Key facts
- This page summarizes F.L.P. Trust #14's Form 4 filing for Hyatt Hotels Corp (H).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 15 Mar 2024, 17:26.
F.L.P. Trust #14 - 13 Mar 2024 Form 4 Insider Report for Hyatt Hotels Corp (H)
- Reporting relationship
- Other*, 10%+ Owner
- Issuer ticker
- H
- Reported as of
- 13 Mar 2024
- Net transaction value
- -$200,095,782
- SEC form
- 4
- Accepted by SEC
- 15 Mar 2024, 17:26:58 UTC
- Next SEC filing
- 20 Jun 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Derek Arend, President of Trustee
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
F.L.P. Trust #14 filed Form 4 for Hyatt Hotels Corp (H) on 15 Mar 2024.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$200,095,782.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
H
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +1,283,000
- Change %
- Price
- Shares after
- 1,283,000
- Date
- 13 Mar 2024
- Ownership
- See Footnote
- Footnotes
- F1, F2
H
transaction
Class A Common Stock
Sale
- Transaction value
- $200,095,782
- Shares
- -1,283,000
- Change %
- -100%
- Price
- $155.96
- Shares after
- 0
- Date
- 13 Mar 2024
- Ownership
- See Footnote
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
H
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- $0
- Shares
- -1,283,000
- Change %
- -7.5%
- Price
- $0.000000
- Shares after
- 15,807,620
- Date
- 13 Mar 2024
- Ownership
- See Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 1,283,000
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote 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.
Footnote F2
Represents shares of Class B Common Stock held of record by GHHC, L.L.C., a member-managed Delaware limited liability company. The Reporting Person is the controlling member of GHHC, L.L.C., and in such capacity may be deemed to beneficially own the shares held by GHHC, L.L.C. The Reporting Person disclaims beneficial ownership of the shares of Class B Common Stock held by GHHC, L.L.C., except to the extent of its proportionate pecuniary interest therein, if any.
Footnote 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.
SEC remarks
Member of 10% owner group. UDQ Private Trust Company, LLC serves as trustee of the Reporting Person and has investment power over the shares beneficially owned by the Reporting Person. The beneficiaries of the Reporting Person do not have investment power over the shares of Class B Common Stock held by the Reporting Person. In addition, 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.