4//SEC Filing
Hyatt Hotels Corp 4
Accession 0000769993-11-000007
$HCIK 0001468174operating
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 5:12 PM ET
Size
11.1 KB
Accession
0000769993-11-000007
Insider Transaction Report
Form 4
FRIEDMAN RICHARD A
Director
Transactions
- Award
Restricted Stock Units
2010-12-30+691→ 3,170 total(indirect: See footnotes)Exercise: $0.00From: 2015-03-31Exp: 2015-03-31→ Class A Common Stock (691 underlying)
Holdings
- 12,654,050(indirect: See footnotes)
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (12,654,050 underlying) - 11,548(indirect: See footnotes)
Class A Common Stock
Footnotes (6)
- [F1]The Reporting Person is a managing director of Goldman, Sachs & Co. ("Goldman Sachs"). Goldman Sachs is a wholly-owned subsidiary of The Goldman Sachs Group, Inc. ("GS Group"). The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any.
- [F2]GS Group beneficially owns directly 7,096 shares of Class A Common Stock and may be deemed to beneficially own 3,512 shares of Class A Common Stock that were granted to the Reporting Person in his capacity as a director of Hyatt Hotels Corporation (the "Company") pursuant to the Hyatt Hotels Corporation Non-Employee Director Compensation Program (the "Plan"). The Reporting Person has an understanding with GS Group pursuant to which such shares are held for the benefit of GS Group.
- [F3]Reflects changes due to exempt transactions. Goldman Sachs beneficially owns directly and GS Group may be deemed to beneficially own indirectly 940 shares of Class A Common Stock. Goldman Sachs also had open short positions of 938 shares of Class A Common Stock as of December 30, 2010.
- [F4]The 691 restricted stock units were granted to the Reporting Person in his capacity as a director of the Company and issued under the Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan, pursuant to the Plan and the Hyatt Hotels Corporation Deferred Compensation Plan for Directors.
- [F5]GS Group may be deemed to beneficially own 3,170 restricted stock units that were granted to the Reporting Person in his capacity as a director of the Company. The Reporting Person has an understanding with GS Group pursuant to which such restricted stock units are held for the benefit of GS Group. Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock and is fully vested. The restricted stock units will be settled in Class A Common Stock on March 31, 2015.
- [F6]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, except for certain permitted transfers as described in the Company's Amended and Restated Certificate of Incorporation. Goldman Sachs and GS Group may be deemed to beneficially own indirectly 12,654,050 shares of Class A Common Stock by reason of the direct beneficial ownership of 12,654,050 shares of the Company's Class B Common Stock, in the aggregate, by certain investment partnerships of which affiliates of Goldman Sachs and GS Group are the general partner, managing limited partner or the managing partner. Goldman Sachs is the investment manager for certain of the investment partnerships.
Documents
Issuer
Hyatt Hotels Corp
CIK 0001468174
Entity typeoperating
IncorporatedIL
Related Parties
1- filerCIK 0001468174
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 5:12 PM ET
- Size
- 11.1 KB