Hyatt Hotels Corp — Director's Dealing 2015

Jan 2, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Hyatt Hotels Corp (H)
CIK: 0001468174
Period of Report: 2015-01-01

Reporting Person: A.N.P. Trust #36-Penny M6 (See Remarks)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-01	Class B Common Stock	$	J	260496	Disposed		Class A Common Stock (260496)	Direct

Footnotes

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 January 1, 2015, the Reporting Person transferred 260,496 shares of Class B Common Stock to A.N.P. Trust #36-Penny. No cash 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.