| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UAL | Common Stock | Options Exercise | $0 | +53,419 | +8.8% | $0.000000 | 657,089 | 28 Feb 2025 | Direct | F1, F2 |
| transaction | UAL | Common Stock | Options Exercise | $0 | +49,561 | +7.5% | $0.000000 | 706,650 | 28 Feb 2025 | Direct | F1, F3 |
| transaction | UAL | Common Stock | Options Exercise | $0 | +50,560 | +7.2% | $0.000000 | 757,210 | 28 Feb 2025 | Direct | F1, F4 |
| transaction | UAL | Common Stock | Tax liability | $5,668,000 | -60,420 | -8% | $93.81 | 696,790 | 28 Feb 2025 | Direct | F5 |
| holding | UAL | Common Stock | 5,000 | 28 Feb 2025 | See Footnote | F6 | |||||
| holding | UAL | Common Stock | 8,000 | 28 Feb 2025 | See Footnote | F7 |
| 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 | -53,419 | -100% | $0.000000 | 0 | 28 Feb 2025 | Common Stock | 53,419 | Direct | F1, F2, F8 | |
| transaction | UAL | Restricted Stock Units | Options Exercise | $0 | -49,561 | -50% | $0.000000 | 49,561 | 28 Feb 2025 | Common Stock | 49,561 | Direct | F1, F3, F8 | |
| transaction | UAL | Restricted Stock Units | Options Exercise | $0 | -50,560 | -33% | $0.000000 | 101,121 | 28 Feb 2025 | Common Stock | 50,560 | Direct | F1, F4, F8 | |
| transaction | UAL | Restricted Stock Units | Award | $0 | +87,943 | $0.000000 | 87,943 | 28 Feb 2025 | Common Stock | 87,943 | Direct | F8, F9 |
| 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 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. |
| 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 - 4, above. |
| F6 | Represents shares held in a trust for the benefit of Mr. Kirby's children and other relatives in which Mr. Kirby serves as the trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report is not an admission that the reporting person is the beneficial owner of all the reported shares for purposes of Section 16 or for any other purpose. |
| F7 | Represents shares held in a trust for the benefit of Mr. Kirby's children in which Mr. Kirby's brother serves as the trustee. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. |
| 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. |