Second Universe Trust 4
4 · Hyatt Hotels Corp · Filed Nov 13, 2017
Insider Transaction Report
Form 4
Transactions
- Sale
Class B Common Stock
2017-11-08$68.65/sh−393,308$26,999,336→ 0 total(indirect: By LLC)→ Class A Common Stock (393,308 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.
- [F2]On May 31, 2017, the Reporting Person contributed 393,308 shares to a division of Tao Invest LLC. However, prior to the sale of the shares reported herein the Reporting Person retained the pecuniary interest in such shares, while the voting and dispositive power for such shares were held by Paul A. Bible, as trustee of the Reporting Person.