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

Role
EVP HR and Labor Relations
Signature
/s/ James Cotton for Kate Gebo
Stock symbol
UAL
Transactions as of
Feb 28, 2024
Transactions value $
-$429,472
Form type
4
Date filed
3/1/2024, 07:16 PM
Previous filing
Apr 6, 2023
Next filing
Apr 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UAL Common Stock Options Exercise +12.1K +19.44% 74.2K Feb 28, 2024 Direct F1, F2, F3
transaction UAL Common Stock Options Exercise +14K +18.91% 88.2K Feb 28, 2024 Direct F1, F3, F4
transaction UAL Common Stock Tax liability -$368K -8.23K -9.33% $44.76 79.9K Feb 28, 2024 Direct F5
transaction UAL Common Stock Gift $0 -7.43K -9.3% $0.00 72.5K Mar 1, 2024 Direct F6
transaction UAL Common Stock Options Exercise +1.89K +3.05% 64K Feb 28, 2024 See Footnote F1, F2, F3, F7
transaction UAL Common Stock Options Exercise +2.47K +3.86% 66.4K Feb 28, 2024 See Footnote F1, F3, F4, F7
transaction UAL Common Stock Tax liability -$61.2K -1.37K -2.06% $44.76 65.1K Feb 28, 2024 See Footnote F7, F8
transaction UAL Common Stock Gift $0 +7.43K +11.42% $0.00 72.5K Mar 1, 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 -12.1K -33.33% $0.00 24.1K Feb 28, 2024 Common Stock 12.1K Direct F1, F2, F3
transaction UAL Restricted Stock Units Options Exercise $0 -14K -50% $0.00 14K Feb 28, 2024 Common Stock 14K Direct F1, F3, F4
transaction UAL Restricted Stock Units Award $0 +35.5K $0.00 35.5K Feb 29, 2024 Common Stock 35.5K Direct F3, F10
transaction UAL Restricted Stock Units Options Exercise $0 -1.89K -33.33% $0.00 3.79K Feb 28, 2024 Common Stock 1.89K See Footnote F1, F2, F3, F7
transaction UAL Restricted Stock Units Options Exercise $0 -2.47K -49.99% $0.00 2.47K Feb 28, 2024 Common Stock 2.47K See Footnote F1, F3, F4, F7
transaction UAL Restricted Stock Units Award $0 +5.58K $0.00 5.58K Feb 29, 2024 Common Stock 5.58K 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.