SEC Form 4 · accession 0001468174-17-000023
Hyatt Hotels Corp · H
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maryam Banikarim
Officer — See Remarks
Period of report
Feb 8, 2017
Accepted (ET)
Mar 20, 2017 · 8:47 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 | Mar 16, 2017 | M | 8,783 | — | A | 33,456 | D | |
| Class A Common Stock | Mar 16, 2017 | F | 2,732 | $53.55 | D | 30,724 | D | |
| Class A Common StockF1 | Mar 16, 2017 | M | 1,777 | — | A | 32,501 | D | |
| Class A Common Stock | Mar 16, 2017 | F | 666 | $53.55 | D | 31,835 | D | |
| Class A Common StockF1 | Mar 16, 2017 | M | 2,111 | — | A | 33,946 | D | |
| Class A Common Stock | Mar 16, 2017 | F | 965 | $53.55 | D | 32,981 | D | |
| Class A Common StockF1 | Mar 16, 2017 | M | 1,583 | — | A | 34,564 | D | |
| Class A Common Stock | Mar 16, 2017 | F | 724 | $53.55 | D | 33,840 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | — | Feb 8, 2017 | A | 1,583 | A | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 1,583 | 1,583 | D |
| Restricted Stock UnitsF1 | — | Mar 16, 2017 | M | 8,783 | D | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 8,783 | 5,856 | D |
| Restricted Stock UnitsF1 | — | Mar 16, 2017 | M | 1,777 | D | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 1,777 | 3,554 | D |
| Restricted Stock UnitsF1 | — | Mar 16, 2017 | M | 2,111 | D | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 2,111 | 6,334 | D |
| Restricted Stock UnitsF1 | — | Mar 16, 2017 | M | 1,583 | D | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 1,583 | 0 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents the contingent right to receive, at settlement, one share of Class A Common Stock. This transaction represents the settlement of vested RSUs in shares of Class A Common Stock.
- F2Each RSU represents the contingent right to receive, at settlement, one share of Class A Common Stock. This transaction represents the attainment of certain performance goals set forth in a restricted stock unit award agreement. The RSUs, granted to the reporting person on March 23, 2016 and issued pursuant to the Third Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan, vest on March 16, 2017. The RSUs will be settled in shares of Class A Common Stock upon vesting, subject to earlier settlement upon death or disability or a change of control of the issuer.
Remarks
Executive Vice President, Global Chief Marketing Officer