Filed on 2012-01-03 by 1740 Trust #40-Sangdu SEC CIK 1507895 Form 4
Accession 0001209191-12-000047.txt Sec File: edgar/data/1507895/0001209191-12-000047-index.htm
2012-01-01 1740 Trust 40-Sangdu (CIK 1507895) through Direct (See Remarks)
Invested in Hyatt Hotels Corp sold 772 shares at $0 remaining shares owned 0
Class B Common Stock Hyatt Hotels Corp H underlying security shares 772 underlying security title Class A Common Stock
f2 on january 1, 2012, the trustee of 1740 trust #40-sangdu transferred to certain lineal descendants of nicholas j. pritzker, deceased, 772 shares of class b common stock in the aggregate beneficially owned by 1740 trust #40-sangdu. no cash consideration was paid in connection with the transfers from 1740 trust #40-sangdu. each of the transfers of shares of class b common stock to the recipients constitutes a "permitted transfer" as defined under the issuer's amended and restated certificate of incorporation.
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.