SEC Form 4 · accession 0001468174-17-000031
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
Mar 22, 2017
Accepted (ET)
Mar 24, 2017 · 4:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001468174
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 22, 2017 | A | 3,602 | A | — | — | Class A Common Stock | 3,602 | 3,602 | D |
| Stock Appreciation RightsF3 | $52.65 | Mar 22, 2017 | A | 11,600 | A | — | Mar 22, 2027 | Class A Common Stock | 11,600 | 11,600 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents the contingent right to receive, at settlement, one share of Class A Common Stock.
- F2The RSUs issued pursuant to the Third Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan ("LTIP") vest and become payable in four equal annual installments beginning on March 16, 2018. The RSUs will be settled in Class A Common Stock upon vesting, subject to earlier settlement upon death or disability or a change of control of the Issuer.
- F3The stock appreciation rights issued pursuant to the LTIP vest in four equal annual installments beginning on March 16, 2018.
Remarks
Executive Vice President, Group President-ASPAC