Brett J. Hart - 27 May 2021 Form 4 Insider Report for United Airlines Holdings, Inc. (UAL)

Role
President
Signature
/s/ Sarah Hagy for Brett J. Hart
Issuer symbol
UAL
Transactions as of
27 May 2021
Net transactions value
$0
Form type
4
Filing time
01 Jun 2021, 18:15:48 UTC
Previous filing
11 May 2021
Next filing
16 Jun 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UAL Restricted Stock Units Award $0 +21,241 $0.000000 21,241 27 May 2021 Common Stock 21,241 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the economic equivalent of one share of UAL common stock and shall be settled in shares of UAL common stock upon vesting.
F2 The RSUs vest in four installments of 5,310 RSUs on August 31, 2021, 5,310 RSUs on February 28, 2022, 5,310 RSUs on August 31, 2022 and 5,311 RSUs on February 28, 2023.