4//SEC Filing
Hyatt Hotels Corp 4
Accession 0000769993-12-000430
$HCIK 0001468174operating
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 7:58 PM ET
Size
13.9 KB
Accession
0000769993-12-000430
Insider Transaction Report
Form 4
FRIEDMAN RICHARD A
Director
Transactions
- Purchase
Class A Common Stock
2012-06-28$35.69/sh+5$178→ 20,941 total(indirect: See footnotes) - Award
Class A Common Stock
2012-06-28+489→ 20,936 total(indirect: See footnotes)
Holdings
- 12,654,050(indirect: See footnotes)
Class B Common Stock
Exercise: $0.00→ Class A Common Stock (12,654,050 underlying) - 3,170(indirect: See footnotes)
Restricted Stock Units
Exercise: $0.00From: 2015-03-31Exp: 2015-03-31→ Class A Common Stock (3,170 underlying) - 3,068(indirect: See footnotes)
Restricted Stock Units
Exercise: $0.00From: 2016-03-31Exp: 2016-03-31→ Class A Common Stock (3,068 underlying)
Footnotes (7)
- [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]The 489 shares of Class A Common Stock were granted to the Reporting Person in his capacity as a director of Hyatt Hotels Corporation (the "Company") and issued under the Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan pursuant to the Hyatt Hotels Corporation Non-Employee Director Compensation Program (the "Plan"). Mr. Friedman has an understanding with GS Group pursuant to which such shares are held for the benefit of GS Group.
- [F3]The Class A Common Stock of the Company reported herein as purchased were purchased by Goldman Sachs. Without admitting any legal obligation, Goldman Sachs or another wholly-owned subsidiary of GS Group will remit appropriate profits, if any, to the Company.
- [F4]GS Group beneficially owns directly 7,096 shares of Class A Common Stock and may be deemed to beneficially own 7,341 shares of Class A Common Stock that were granted to the Reporting Person in his capacity as a director of the Company pursuant to the Plan. The Reporting Person has an understanding with GS Group pursuant to which such shares are held for the benefit of GS Group.
- [F5]As of June 28, 2012, Goldman Sachs beneficially owns directly and GS Group may be deemed to beneficially own indirectly 6,504 shares of Class A Common Stock and Goldman Sachs also had open short positions of 3,767 shares of Class A Common Stock, reflecting changes due to exempt transactions.
- [F6]GS Group may be deemed to beneficially own an aggregate of 6,238 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.
- [F7]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
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 7:58 PM ET
- Size
- 13.9 KB