JNP Parachute Mirror Trust L 4
4 · Hyatt Hotels Corp · Filed Jan 11, 2024
Insider Transaction Report
Form 4
Transactions
- Conversion
Class B Common Stock
2024-01-09−66,701→ 266,804 total→ Class A Common Stock (66,701 underlying) - Sale
Class A Common Stock
2024-01-09$126.21/sh−66,701$8,418,333→ 0 total - Conversion
Class A Common Stock
2024-01-09+66,701→ 66,701 total
Footnotes (2)
- [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 connection with the sale reported by the Reporting Person in Table I of this Form 4.
- [F2]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.