Linda P. Jojo - Jun 14, 2021 Form 4 Insider Report for United Airlines Holdings, Inc. (UAL)

Role
EVP, Tech & Chief Digital Ofcr
Signature
/s/ Sarah Hagy for Linda P. Jojo
Stock symbol
UAL
Transactions as of
Jun 14, 2021
Transactions value $
-$53,120
Form type
4
Date filed
6/16/2021, 06:08 PM
Next filing
Jul 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UAL Common Stock Options Exercise $0 +2.15K +12.51% $0.00 19.3K Jun 14, 2021 Direct F2, F3
transaction UAL Common Stock Tax liability -$53.1K -953 -4.93% $55.74 18.4K Jun 14, 2021 Direct F4

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 -2.15K -50% $0.00 2.15K Jun 14, 2021 Common Stock 2.15K Direct F1, F2, F3
* 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 is settled in shares of UAL common stock upon vesting.
F2 Represents the settlement upon vesting of RSUs into UAL common stock.
F3 The RSUs were granted on June 14, 2017 and vest in 1/3 annual installments on June 14, 2020, 2021 and 2022.
F4 This transaction represents the withholding of shares to pay tax withholding obligations associated with the vesting of the RSU award granted on June 14, 2017.