Pucker Gigi Pritzker's Form 4 filing
Hyatt Hotels Corp (H) · filed Mar 15, 2024
- Accession no.
- 0000950170-24-032330
- Filed
- Mar 15, 2024
- Trade date
- Mar 13, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $200.1M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Pucker Gigi PritzkerCIK 0001498930 | 10% Owner, Other: See Remarks |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 13, 2024 | Class A Common Stock | CConversionAcquired | +1,283,000 | –F1 | – | 1,283,000 | Indirect | Duplicate filing |
| Mar 13, 2024 | Class A Common Stock | SSaleDisposed | −1,283,000 | $155.96 | −$200,096,680 | 0 | Indirect | Duplicate filing |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 13, 2024 | Class A Common Stock | CConversionDisposed | −1,283,000 | $0.00F3 | $0 | 17,554,636 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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.
Referenced by the price of 1 transaction in Table I.
- F3
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.
Referenced by the price of 1 transaction in Table II.
Remarks
Member of 10% owner group. The Reporting Person may be deemed to be a member of a group because the Reporting Person has 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 her pecuniary interest therein.