Form 4 for H Hyatt Hotels Corp
Accepted 2024-03-15 00:00:00 ET · period of report 2024-03-13 · accession 0000950170-24-032330 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-03-15 | 2024-03-13 | H | Pucker Gigi Pritzker | 10%, See Remarks | S - Sale | $155.96 | -1.28M | 0 | -100% | -$200.10M |
| DI | 2024-03-15 | 2024-03-13 | H | Pucker Gigi Pritzker | 10%, See Remarks | C - Cnv Deriv | — | +1.28M | 1.28M | New | — |
| DI | 2024-03-15 | 2024-03-13 | H | Pucker Gigi Pritzker | 10%, See Remarks | C - Cnv Deriv | $0.00 | -1.28M | 17.55M | -7% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-03-13 | S | D | 1,283,000 | $155.96 | 0 | I See Footnote | — | — | (F2) Represents shares of Class B Common Stock held of record by GHHC, L.L.C., a member-managed Delaware limited liability company controlled by F.L.P. Trust #14, for which UDQ Private Trust Company, LLC serves as trustee. UDQ Private Trust Company, LLC is a manager-managed South Dakota limited liability company, the sole member of which is UDQ Trust. The Reporting Person is the trustee of UDQ Trust, and in such capacity may, for the purposes hereof, be deemed to beneficially own the shares held by GHHC, L.L.C. |
| 2 | Common | Class A Common Stock | 2024-03-13 | C | A | 1,283,000 | — | 1,283,000 | I See 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. (F2) Represents shares of Class B Common Stock held of record by GHHC, L.L.C., a member-managed Delaware limited liability company controlled by F.L.P. Trust #14, for which UDQ Private Trust Company, LLC serves as trustee. UDQ Private Trust Company, LLC is a manager-managed South Dakota limited liability company, the sole member of which is UDQ Trust. The Reporting Person is the trustee of UDQ Trust, and in such capacity may, for the purposes hereof, be deemed to beneficially own the shares held by GHHC, L.L.C. |
| 3 | Derivative | Class B Common Stock | 2024-03-13 | C | D | 1,283,000 | $0.00 | 17,554,636 | I See Footnote | — · — to — | 1,283,000 Class A Common Stock | (F2) Represents shares of Class B Common Stock held of record by GHHC, L.L.C., a member-managed Delaware limited liability company controlled by F.L.P. Trust #14, for which UDQ Private Trust Company, LLC serves as trustee. UDQ Private Trust Company, LLC is a manager-managed South Dakota limited liability company, the sole member of which is UDQ Trust. The Reporting Person is the trustee of UDQ Trust, and in such capacity may, for the purposes hereof, be deemed to beneficially own the shares held by GHHC, L.L.C. (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. (F4) Includes shares of Class B Common Stock held of record by GHHC, L.L.C., and shares of Class B Common Stock held of record by certain other trusts for which UDQ Private Trust Company, LLC serves as trustee. In the capacity of the trustee of UDQ Trust, the sole member of UDQ Private Trust Company, LLC, the Reporting Person may, for the purposes hereof, be deemed to beneficially own the shares held by such other trusts. (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. |