Michael D. Leskinen - 28 Feb 2025 Form 4 Insider Report for United Airlines Holdings, Inc. (UAL)

Role
EVP & Chief Financial Officer
Signature
/s/ James Cotton for Michael D. Leskinen
Issuer symbol
UAL
Transactions as of
28 Feb 2025
Net transactions value
-$778,248
Form type
4
Filing time
04 Mar 2025, 18:59:08 UTC
Previous filing
12 Feb 2025
Next filing
29 Jul 2025
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 +1,094 +5.6% $0.000000 20,737 28 Feb 2025 Direct F1, F2
transaction UAL Common Stock Options Exercise $0 +838 +4% $0.000000 21,575 28 Feb 2025 Direct F1, F3
transaction UAL Common Stock Options Exercise $0 +6,211 +29% $0.000000 27,786 28 Feb 2025 Direct F1, F4
transaction UAL Common Stock Options Exercise $0 +10,579 +38% $0.000000 38,365 28 Feb 2025 Direct F1, F5
transaction UAL Common Stock Tax liability $778,248 -8,296 -22% $93.81 30,069 28 Feb 2025 Direct F6
holding UAL Common Stock 1,500 28 Feb 2025 See Footnote F7

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 -1,094 -100% $0.000000 0 28 Feb 2025 Common Stock 1,094 Direct F1, F2, F8
transaction UAL Restricted Stock Units Options Exercise $0 -838 -50% $0.000000 838 28 Feb 2025 Common Stock 838 Direct F1, F3, F8
transaction UAL Restricted Stock Units Options Exercise $0 -6,211 -50% $0.000000 6,212 28 Feb 2025 Common Stock 6,211 Direct F1, F4, F8
transaction UAL Restricted Stock Units Options Exercise $0 -10,579 -33% $0.000000 21,158 28 Feb 2025 Common Stock 10,579 Direct F1, F5, F8
transaction UAL Restricted Stock Units Award $0 +19,187 $0.000000 19,187 28 Feb 2025 Common Stock 19,187 Direct F8, F9
* 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 7, 2022 and vest in one-third (1/3) substantially equal annual installments on February 28, 2023, February 28, 2024 and February 28, 2025.
F3 The RSUs were granted on April 4, 2023 and vest in one-third (1/3) substantially equal annual installments on February 28, 2024, February 28, 2025 and February 28, 2026.
F4 The RSUs were granted on September 25, 2023 and vest in one-third (1/3) substantially equal annual installments on February 28, 2024, February 28, 2025 and February 28, 2026.
F5 The RSUs were granted on February 29, 2024 and vest in one-third (1/3) substantially equal annual installments on February 28, 2025, February 28, 2026 and February 28, 2027.
F6 This transaction represents the withholding of shares to pay tax withholding obligations associated with the vesting of the RSU awards referenced in footnotes 2 - 5, above.
F7 Represents shares held in an account by the reporting person's mother over which the reporting person holds a power of attorney.
F8 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.
F9 The RSUs were granted on February 28, 2025 and vest in one-third (1/3) substantially equal annual installments on February 28, 2026, February 28, 2027 and February 28, 2028.