SEC Form 4 · accession 0001468174-16-000229
Hyatt Hotels Corp · H
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Udell
Officer — See Remarks
Period of report
Aug 5, 2016
Accepted (ET)
Aug 8, 2016 · 9:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001468174
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Aug 5, 2016 | S | 5,623 | $52.12 | D | 7,582 | D | |
| Class A Common Stock | Aug 5, 2016 | M | 34,375 | $49.90 | A | 41,957 | D | |
| Class A Common Stock | Aug 5, 2016 | D | 32,654 | $52.53 | D | 9,303 | D | |
| Class A Common Stock | Aug 8, 2016 | S | 1,721 | $52.70 | D | 7,582 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF2 | $49.90 | Aug 5, 2016 | M | 34,375 | D | — | Oct 6, 2016 | Class A Common Stock | 34,375 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.00 to $52.27, inclusive. The reporting person undertakes to provide to Hyatt Hotels Corporation, any security holder of Hyatt Hotels Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2The stock appreciation rights ("SARs") issued pursuant to the Third Amended and Restated Hyatt Hotels Long-Term Incentive Plan (the "LTIP") vested in four equal annual installments beginning on October 6, 2007.
Remarks
Executive Vice President, Group President-ASPAC