Trust GPP-PTA 4
4 · Hyatt Hotels Corp · Filed Jun 20, 2024
Insider Transaction Report
Form 4
Trust GPP-PTA
Other
Transactions
- Other
Class B Common Stock
2024-06-17+1,391,631→ 1,759,556 total→ Class A Common Stock (1,391,631 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 from GHHC, L.L.C., of which the Reporting Person is a non-managing member. The distribution of shares of Class B Common Stock to the Reporting Person 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.