GHHC, L.L.C. 4
4 · Hyatt Hotels Corp · Filed Jun 20, 2024
Insider Transaction Report
Form 4
GHHC, L.L.C.
Other
Transactions
- Other
Class B Common Stock
2024-06-17−3,347,841→ 12,459,779 total→ Class A Common Stock (3,347,841 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]Distribution by the Reporting Person to certain of its members. The distribution of shares of Class B Common Stock to the recipient members constitutes a "permitted transfer" as defined under the Issuer's Amended and Restated Certificate of Incorporation. Accordingly, immediately following the distribution, the shares remain shares of Class B Common Stock.