SEC Form 4 · accession 0001468174-17-000027
Hyatt Hotels Corp · H
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Sears
Officer — See Remarks
Period of report
Feb 8, 2017
Accepted (ET)
Mar 20, 2017 · 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 | Mar 16, 2017 | M | 864 | — | A | 9,156 | D | |
| Class A Common Stock | Mar 16, 2017 | F | 262 | $53.55 | D | 8,894 | D | |
| Class A Common StockF1 | Mar 16, 2017 | M | 759 | — | A | 9,653 | D | |
| Class A Common Stock | Mar 16, 2017 | F | 237 | $53.55 | D | 9,416 | D | |
| Class A Common StockF1 | Mar 16, 2017 | M | 1,036 | — | A | 10,452 | D | |
| Class A Common Stock | Mar 16, 2017 | F | 323 | $53.55 | D | 10,129 | D | |
| Class A Common StockF1 | Mar 16, 2017 | M | 1,231 | — | A | 11,360 | D | |
| Class A Common Stock | Mar 16, 2017 | F | 383 | $53.55 | D | 10,977 | D | |
| Class A Common StockF1 | Mar 16, 2017 | M | 923 | — | A | 11,900 | D | |
| Class A Common Stock | Mar 16, 2017 | F | 288 | $53.55 | D | 11,612 | 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 | 923 | A | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 923 | 923 | D |
| Restricted Stock UnitsF1 | — | Mar 16, 2017 | M | 864 | D | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 864 | 0 | D |
| Restricted Stock UnitsF1 | — | Mar 16, 2017 | M | 759 | D | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 759 | 760 | D |
| Restricted Stock UnitsF1 | — | Mar 16, 2017 | M | 1,036 | D | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 1,036 | 2,074 | D |
| Restricted Stock UnitsF1 | — | Mar 16, 2017 | M | 1,231 | D | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 1,231 | 3,695 | D |
| Restricted Stock UnitsF1 | — | Mar 16, 2017 | M | 923 | D | Mar 16, 2017 | Mar 16, 2017 | Class A Common Stock | 923 | 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-Americas