Kate Gebo - 28 Feb 2024 Form 4 Insider Report for United Airlines Holdings, Inc. (UAL)

Role
EVP HR and Labor Relations
Signature
/s/ James Cotton for Kate Gebo
Issuer symbol
UAL
Transactions as of
28 Feb 2024
Net transactions value
-$429,472
Form type
4
Filing time
01 Mar 2024, 19:16:01 UTC
Previous filing
06 Apr 2023
Next filing
22 Apr 2024
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 +12,067 +19% 74,150 28 Feb 2024 Direct F1, F2, F3
transaction UAL Common Stock Options Exercise +14,022 +19% 88,172 28 Feb 2024 Direct F1, F3, F4
transaction UAL Common Stock Tax liability $368,285 -8,228 -9.3% $44.76 79,944 28 Feb 2024 Direct F5
transaction UAL Common Stock Gift $0 -7,432 -9.3% $0.000000 72,512 01 Mar 2024 Direct F6
transaction UAL Common Stock Options Exercise +1,894 +3.1% 63,976 28 Feb 2024 See Footnote F1, F2, F3, F7
transaction UAL Common Stock Options Exercise +2,471 +3.9% 66,447 28 Feb 2024 See Footnote F1, F3, F4, F7
transaction UAL Common Stock Tax liability $61,187 -1,367 -2.1% $44.76 65,080 28 Feb 2024 See Footnote F7, F8
transaction UAL Common Stock Gift $0 +7,432 +11% $0.000000 72,512 01 Mar 2024 See Footnote F7, F9

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 -12,067 -33% $0.000000 24,134 28 Feb 2024 Common Stock 12,067 Direct F1, F2, F3
transaction UAL Restricted Stock Units Options Exercise $0 -14,022 -50% $0.000000 14,023 28 Feb 2024 Common Stock 14,022 Direct F1, F3, F4
transaction UAL Restricted Stock Units Award $0 +35,546 $0.000000 35,546 29 Feb 2024 Common Stock 35,546 Direct F3, F10
transaction UAL Restricted Stock Units Options Exercise $0 -1,894 -33% $0.000000 3,788 28 Feb 2024 Common Stock 1,894 See Footnote F1, F2, F3, F7
transaction UAL Restricted Stock Units Options Exercise $0 -2,471 -50% $0.000000 2,472 28 Feb 2024 Common Stock 2,471 See Footnote F1, F3, F4, F7
transaction UAL Restricted Stock Units Award $0 +5,579 $0.000000 5,579 29 Feb 2024 Common Stock 5,579 See Footnote F3, F7, F10
* 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 April 4, 2023 and vest in 1/3 annual installments on February 28, 2024, February 28, 2025 and February 28, 2026.
F3 Each RSU represents the economic equivalent of one share of UAL common stock and shall be settled in shares of UAL common stock upon vesting.
F4 The RSUs were granted on March 7, 2022 vest in one-third (1/3) annual installments on February 28, 2023, February 28, 2024 and February 28, 2025.
F5 This transaction represents the withholding of shares to pay tax withholding obligations associated with the vesting of the RSU awards referenced in footnotes 2 and 4, above, by the reporting person.
F6 Includes 54,651 shares held in a revocable trust in the name of the reporting person.
F7 By spouse of the reporting person.
F8 This transaction represents the withholding of shares to pay tax withholding obligations associated with the vesting of the RSU awards referenced in footnotes 2 and 4, above, by the spouse of the reporting person.
F9 Includes 69,514 shares held in a revocable trust in the name of the spouse of the reporting person.
F10 The RSUs vest in one-third (1/3) substantially equal annual installments on February 28, 2025, February 28, 2026 and February 28, 2027.