ECI Trust - Julia sold H
February 8, 2022 · Form 4 insider transaction
ECI Trust - Julia sold 17,000 shares of Hyatt Hotels Corporation at $92.49 per share, a transaction worth $1.57M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1291 days after the transaction.
Footnotes
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.; The Reporting Person is filing this Form 4 to report the sale of securities that occurred on February 8, 2022. This sale was one of four transactions executed in close proximity around that date. All other transactions were reported on a timely basis, but due to an oversight, this filing was not timely made. The Reporting Person is making this filing to correct the oversight. The number of derivative securities beneficially owned following this transaction, as of February 8, 2022, would have been 267,657 shares of Class B Common Stock. As of the date of this filing, the Reporting Person holds 12,767 shares of Class B Common Stock. Future filings by the Reporting Person will reflect this adjustment.