SEC Form 4 · accession 0001468174-17-000024
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
Feb 8, 2017
Accepted (ET)
Mar 20, 2017 · 8:51 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 | 720 | — | A | 8,302 | D | |
| Class A Common Stock | Mar 16, 2017 | F | 76 | $53.55 | D | 8,226 | D | |
| Class A Common StockF1 | Mar 16, 2017 | M | 632 | — | A | 8,858 | D | |
| Class A Common Stock | Mar 16, 2017 | F | 29 | $53.55 | D | 8,829 | D | |
| Class A Common StockF1 | Mar 16, 2017 | M | 947 | — | A | 9,776 | D | |
| Class A Common StockF1 | Mar 16, 2017 | M | 1,055 | — | A | 10,831 | D | |
| Class A Common StockF1 | Mar 16, 2017 | M | 791 | — | A | 11,622 | 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 | 791 | A | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 791 | 791 | D |
| Restricted Stock UnitsF1 | — | Mar 16, 2017 | M | 720 | D | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 720 | 0 | D |
| Restricted Stock UnitsF1 | — | Mar 16, 2017 | M | 632 | D | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 632 | 634 | D |
| Restricted Stock UnitsF1 | — | Mar 16, 2017 | M | 947 | D | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 947 | 1,897 | D |
| Restricted Stock UnitsF1 | — | Mar 16, 2017 | M | 1,055 | D | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 1,055 | 3,167 | D |
| Restricted Stock UnitsF1 | — | Mar 16, 2017 | M | 791 | D | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 791 | 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, Group President-ASPAC