R.A. G.C. Trust #8 4
4 · Hyatt Hotels Corp · Filed Dec 19, 2018
Insider Transaction Report
Form 4
R.A. G.C. Trust #8
Other
Transactions
- Other
Class B Common Stock
2018-12-18−36,527→ 0 totalExercise: $0.00→ Class A Common Stock (36,527 underlying)
Footnotes (2)
- [F1]As provided in the Issuer's Amended and Restated Certificate of Incorporation, each share of Class B Common Stock is convertible at any time, at the option of the holder, into one share of Class A Common Stock. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation.
- [F2]On December 18, 2018, the Reporting Person transferred 36,527 shares of Class B Common Stock to RAGC 2018 Trust. No consideration was paid in connection with the transfer. The transfer of shares of Class B Common Stock by the Reporting Person constitutes a "permitted transfer" as defined under the Issuer's Amended and Restated Certificate of Incorporation. Accordingly, immediately following the transfer, the shares remain shares of Class B Common Stock.