Pritzker Nicholas J. 4
4 · Hyatt Hotels Corp · Filed Aug 25, 2010
Insider Transaction Report
Form 4
Pritzker Nicholas J.
Other
Transactions
- Other
Class B Common Stock
2010-08-23+2,515,991→ 6,724,113 total(indirect: See Footnote)→ Class A Common Stock (2,515,991 underlying) - Sale
Class B Common Stock
2010-08-25−2,515,991→ 4,208,122 total(indirect: See Footnote)→ Class A Common Stock (2,515,991 underlying)
Footnotes (3)
- [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]Represents shares distributed to the Reporting Person by CIBC Trust Co (Bahamas) LTD as Trustee of Settlement T-577FD5 pursuant to a deed of distribution. No consideration was paid in connection with such distribution. The distribution of shares of Class B Common Stock by the Reporting Person constitutes a "Permitted Transfer" as defined under the Issuer's Amended and Restated Certificate of Incorporation.
- [F3]Nicholas J. Pritzker, the Reporting Person, serves as co-trustee of P.G. Nicholas Trust M ("Nicholas Trust") and has investment power over the shares beneficially owned by Nicholas Trust. The Reporting Person is also the beneficiary of Nicholas Trust. In addition, the Reporting Person and Nicholas Trust may be deemed to be members of a group because they have agreed to certain voting agreements and limitations on transfers of shares of Class A Common Stock and Class B Common Stock. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.