Pritzker Traubert Foundation 4
4 · Hyatt Hotels Corp · Filed Mar 25, 2024
Insider Transaction Report
Form 4
Transactions
- Conversion
Class B Common Stock
2024-03-22−704,229→ 0 total→ Class A Common Stock (704,229 underlying) - Conversion
Class A Common Stock
2024-03-22+704,229→ 704,229 total - Sale
Class A Common Stock
2024-03-22$157.97/sh−704,229$111,244,379→ 0 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 a transaction exempt from liability under Rule 16b-6(b), 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.