Brett J. Hart - 31 Aug 2022 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
31 Aug 2022
Transactions value $
$-81,888
Form type
4
Filing time
02 Sep 2022, 16:28:38 UTC
Previous filing
15 Jun 2022
Next filing
06 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UAL Common Stock Options Exercise $0 +5,310 +5.01% $0.000000 111,352 31 Aug 2022 Direct F1, F2
transaction UAL Common Stock Tax liability $-81,888 -2,339 -2.1% $35.01 109,013 31 Aug 2022 Direct F3

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 Options Exercise $0 -5,310 -50% $0.000000 5,311 31 Aug 2022 Common Stock 5,310 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement upon vesting of restricted stock units ("RSUs") into UAL common stock.
F2 The RSUs were granted on May 27, 2021 and vest in four installments on August 31, 2021, February 28, 2022, August 31, 2022 and February 28, 2023.
F3 This transaction represents the withholding of shares to pay tax withholding obligations associated with the vesting of the RSU award referenced in footnote 2 above.
F4 Each RSU represents the economic equivalent of one share of UAL common stock and is settled in shares of UAL common stock upon vesting.