SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Singh Harmit J

(Last)

(First)

(Middle)

C/O HYATT HOTELS CORPORATION

71 S. WACKER DRIVE, 12TH FLOOR

(Street)

CHICAGO

60606

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/04/2009

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

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

5. If Amendment, Date of 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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Stock Appreciation Rights	⁽¹⁾	06/09/2019	Class A Common Stock	33,053	$26	D
Restricted Stock Units	⁽²⁾	08/31/2012	Class A Common Stock	12,500	⁽⁶⁾	D
Restricted Stock Units	⁽³⁾	08/31/2018	Class A Common Stock	7,835	⁽⁶⁾	D
Restricted Stock Units	⁽⁴⁾	05/01/2013	Class A Common Stock	15,865	⁽⁶⁾	D
Restricted Stock Units	⁽⁵⁾	05/01/2018	Class A Common Stock	15,000	⁽⁶⁾	D

Explanation of Responses:

1. The stock appreciation rights issued pursuant to the Amended and Restated Hyatt Hotels Corporation Long-Term Incentive Plan (the LTIP) vest in four equal annual installments beginning on April 1, 2010.

2. The restricted stock units issued pursuant to the LTIP vest in four annual installments of 10%, 25%, 25% and 40%, respectively, beginning on July 31, 2009. The restricted stock units will be settled in Class A Common Stock or, at the election of the administrator of the LTIP, cash on August 31, 2012, subject to earlier settlement upon either a termination of the Reporting Person's service or a change of control of the Issuer.

3. The restricted stock units issued pursuant to the LTIP vest in ten equal annual installments beginning on July 31, 2009. The restricted stock units will be settled in Class A Common Stock or, at the election of the administrator of the LTIP, cash on August 31, 2018, subject to earlier settlement upon either a termination of the Reporting Person's service or a change of control of the Issuer.

4. The restricted stock units issued pursuant to the LTIP vest in four equal annual installments beginning on April 1, 2010. The restricted stock units will be settled in Class A Common Stock or, at the election of the administrator of the LTIP, cash on May 1, 2013, subject to earlier settlement upon either a termination of the Reporting Person's service or a change of control of the Issuer.

5. The restricted stock units issued pursuant to the LTIP vest in their entirety on April 1, 2018. The restricted stock units will be settled in Class A Common Stock or, at the election of the administrator of the LTIP, cash on May 1, 2018, subject to earlier settlement upon either a termination of the Reporting Person's service or a change of control of the Issuer.

6. Each restricted stock unit represents the contingent right to receive one share of Class A Common Stock.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

	/s/ Harmit J. Singh	11/04/2009
	** Signature of Reporting Person	Date
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 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.