Texas 8-26-22 Trust 2 - 22 Mar 2021 Form 4 Insider Report for Hyatt Hotels Corp (H)

Role
Other*
Signature
/s/ Whitney D. Neighbors, Authorized Signer
Issuer symbol
H
Transactions as of
22 Mar 2021
Net transactions value
-$7,277,812
Form type
4
Filing time
01 Jul 2021, 15:22:31 UTC
Next filing
19 Jul 2021
SEC
View on sec.gov

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 +500,000 +1823% 527,431 22 Mar 2021 See Footnote 2 F1, F2
transaction H Class A Common Stock Sale $7,277,812 -93,750 -18% $77.63 433,681 29 Jun 2021 See Footnote 2 F2, F3

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 -500,000 -39% $0.000000 787,562 22 Mar 2021 Class A Common Stock 500,000 See Footnote 2 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 By Featherman H Company LP, a limited partnership in which the Reporting Person is the sole member of the general partner.
F3 The Reporting Person is the sole member of the general partner of a partnership that contributed H common stock to an exchange fund in exchange for shares of the exchange fund. The H common stock was valued at $77.63 per share for the purpose of determining the number of shares of the exchange fund issuable.

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 its pecuniary interest therein.