Pritzker Nicholas J. 4
4 · Hyatt Hotels Corp · Filed Jan 3, 2012
Insider Transaction Report
Form 4
Pritzker Nicholas J.
Other
Transactions
- Other
Class B Common Stock
2012-01-01+1,027,357→ 1,027,357 total→ Class A Common Stock (1,027,357 underlying) - Other
Class B Common Stock
2011-12-27−4,208,122→ 0 total(indirect: See Note)→ Class A Common Stock (4,208,122 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 transferred from Pritzker Family U.S. Situs Trusts or Pritzker Family Non-U.S. Situs Trusts. No cash consideration was paid in connection with such transfers. Such transfers of shares of Class B Common Stock to the Reporting Person constitute a "permitted transfer" as defined under the Issuer's Amended and Restated Certificate of Incorporation. Accordingly, immediately following the transfers, the shares remain shares of Class B Common Stock.
- [F3]On December 27, 2011, Nicholas J. Pritzker, the Reporting Person, resigned as co-trustee of P.G. Nicholas Trust M ("Nicholas Trust") and therefore is no longer deemed to beneficially own the shares which are owned by the Nicholas Trust. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.