Torbjorn J. Enqvist - Aug 31, 2021 Form 4 Insider Report for United Airlines Holdings, Inc. (UAL)

Role
EVP & Chief Customer Officer
Signature
/s/ Sarah Hagy for Torbjorn J. Enqvist
Stock symbol
UAL
Transactions as of
Aug 31, 2021
Transactions value $
-$41,208
Form type
4
Date filed
9/2/2021, 06:26 PM
Previous filing
Jun 7, 2021
Next filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UAL Common Stock Options Exercise $0 +2.02K +33.61% $0.00 8.04K Aug 31, 2021 Direct F1, F2
transaction UAL Common Stock Tax liability -$41.2K -886 -11.02% $46.51 7.16K 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 -2.02K -24.99% $0.00 6.07K Aug 31, 2021 Common Stock 2.02K 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.