Linda P. Jojo - Aug 31, 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
Aug 31, 2021
Transactions value $
-$163,436
Form type
4
Date filed
9/2/2021, 06:29 PM
Previous filing
Jul 1, 2021
Next filing
Oct 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UAL Common Stock Options Exercise $0 +7.96K +43.31% $0.00 26.3K Aug 31, 2021 Direct F1, F2
transaction UAL Common Stock Tax liability -$163K -3.51K -13.35% $46.51 22.8K Aug 31, 2021 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 -7.96K -25% $0.00 23.9K Aug 31, 2021 Common Stock 7.96K 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 March 1, 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.