KLP 2010 A.N.P. Mirror Trust #30 4
4 · Hyatt Hotels Corp · Filed Jul 20, 2023
Insider Transaction Report
Form 4
Transactions
- Other
Class B Common Stock
2023-06-30−303,977→ 0 total→ Class A Common Stock (303,977 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]The Reporting Person is a trust that has transferred the shares of Class B Common Stock reported herein to other trusts having the same trustees. No consideration was paid in connection with the transfer, which represents a "permitted transfer" as defined in the Issuer's Amended and Restated Certificate of Incorporation. The transferee trusts have executed joinders to and have become subject to the provisions of the Amended and Restated Global Hyatt Agreement. Accordingly, immediately following such transfer, the shares remained shares of Class B Common Stock.