Hyatt Hotels Corp 4
4 · Hyatt Hotels Corp · Filed Jun 5, 2017
Insider Transaction Report
Form 4
Pritzker Nicholas J.
Other
Transactions
- Sale
Class B Common Stock
2017-05-31$57.65/sh−20,682$1,192,214→ 0 total(indirect: By Trust)→ Class A Common Stock (20,682 underlying)
Footnotes (2)
- [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. This disposition of the shares of Class B Common Stock by the Reporting Person constitutes a "permitted transfer" as defined under the Issuer's Amended and Restated Certificate of Incorporation.
- [F2]The Reporting Person contributed the shares to Tao Invest LLC in exchange for interests in Tao Invest LLC pursuant to a Contribution Agreement. The price shown is the average of the high and low price of the Class A Common Stock on the NYSE on May 31, 2017.