Edgar Filing: Hyatt Hotels Corp

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

JNP 2010 Parachute Trust N2

2. Issuer Name and Ticker or Trading Symbol
Hyatt Hotels Corp [H]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
_____ Officer (give title below)	__X__ Other (specify below)
See Remarks

(Last)

(First)

(Middle)

C/O JP MORGAN TRUST COMPANY (BAHAMAS)LTD, SHIRLEY & CHARLOTTE STREETS

3. Date of Earliest Transaction (Month/Day/Year)
12/22/2016

(Street)

NASSAU, C5

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Class B Common Stock

⁽¹⁾

12/22/2016

13,455 ⁽²⁾

⁽¹⁾

Class A Common Stock

13,455

$ 0

13,455

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
JNP 2010 Parachute Trust N2 C/O JP MORGAN TRUST COMPANY (BAHAMAS)LTD SHIRLEY & CHARLOTTE STREETS NASSAU, C5				See Remarks

Signatures

/s/Dexter J. Duvalier and /s/Georgette Butler Authorized Signatories		12/23/2016
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	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. JP Morgan Trust Company (Bahamas) Limited, solely in its capacity as trustee of the Reporting Person, previously executed a joinder to, and is therefore subject to the provisions of, the Amended and Restated Foreign Global Hyatt Agreement. Accordingly, immediately following the distribution, the shares will remain shares of the Class B Common Stock.
(2)	Represents shares distributed directly or indirectly from Settlement 1740 Trust #31. No consideration was paid in connection with such distribution. The distribution of Class B Common Stock to JNP 2010 Parachute Trust N2 constitutes a "permitted transfer" as defined under the Issuer's Amended and Restated Certificate of Incorporation.
Remarks: REMARKS Members of a 10% owner group. JP Morgan Trust Company (Bahamas) Limited serves as trustee of JNP 2010 Parachute Trust N2, the reporting person, and has investment power over the shares beneficially owned by JNP 2010 Parachute Trust N2. The beneficiary does not have investment power over the shares of Class B Common Stock held by JNP 2010 Parachute Trust N2. In addition, JNP 2010 Parachute Trust N2 may be deemed to be a member of a group because JNP 2010 Parachute Trust N2 has agreed to certain voting agreements and limitations on transfers of shares of Class A Common Stock and Class B Common Stock. JNP 2010 Parachute Trust N2 disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.

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