Sec Form 4 Filing - Udell David @ Hyatt Hotels Corp - 2021-03-24

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 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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1. Name and Address of Reporting Person Udell David 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 X __ Officer (give title below) _____ Other (specify below) See Remarks (Last) (First) (Middle) C/O HYATT HOTELS CORPORATION, 150 NORTH RIVERSIDE PLAZA 3. Date of Earliest Transaction (MM/DD/YY) 03/24/2021 (Street) CHICAGO, IL60606 4. If Amendment, Date Original Filed (MM/DD/YY) 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock Units ( 1 ) 03/24/2021 A 3,561 ( 2 ) ( 2 ) Class A Common Stock 3,561 $ 0 3,561 D Restricted Stock Units ( 1 ) 03/24/2021 A 1,099 ( 3 ) ( 3 ) Class A Common Stock 1,099 $ 0 1,099 D Stock Appreciation Rights $ 80.46 03/24/2021 A 6,746 ( 4 ) 03/24/2031 Class A Common Stock 6,746 $ 0 6,746 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Udell David C/O HYATT HOTELS CORPORATION 150 NORTH RIVERSIDE PLAZA CHICAGO, IL60606 See Remarks Signatures Margaret C. Egan, Attorney-in-fact 03/26/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Each Restricted Stock Unit ("RSU") represents the contingent right to receive, at settlement, one share of Class A Common Stock. ( 2 )The RSUs issued pursuant to the Fourth Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan, as amended ("LTIP"), vest and become payable in four equal annual installments beginning on March 16, 2022. The RSUs will be settled in Class A Common Stock upon vesting, subject to earlier settlement upon death or disability or a change of control of the Issuer. ( 3 )Represents the issuance of RSUs related to performance against certain performance goals set forth in a performance share unit award agreement. Such performance share units were initially granted to the reporting person on May 15, 2019 pursuant to the LTIP. The RSUs vest on December 31, 2021, subject to continued service through December 31, 2021, and will be settled in shares of Class A Common Stock no later than March 15, 2022, subject to earlier settlement upon death or disability or a change of control of the Issuer. ( 4 )The stock appreciation rights issued pursuant to the LTIP vest in four equal annual installments beginning on March 16, 2022.

Remarks: Executive Vice President, Group President-ASPAC

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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