Kate Gebo - 25 May 2021 Form 4 Insider Report for United Airlines Holdings, Inc. (UAL)

Role
EVP HR and Labor Relations
Signature
/s/ Sarah Hagy for Kate Gebo
Issuer symbol
UAL
Transactions as of
25 May 2021
Net transactions value
-$387,081
Form type
4
Filing time
02 Mar 2022, 20:33:13 UTC
Next filing
02 Sep 2021
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 +3,282 +6.6% $0.000000 53,350 28 Feb 2022 Direct F1, F2
transaction UAL Common Stock Options Exercise $0 +5,608 +11% $0.000000 58,958 28 Feb 2022 Direct F1, F3
transaction UAL Common Stock Options Exercise $0 +5,606 +9.5% $0.000000 64,564 28 Feb 2022 Direct F1, F4
transaction UAL Common Stock Tax liability $284,737 -6,413 -9.9% $44.40 58,151 28 Feb 2022 Direct F5, F6
transaction UAL Common Stock Options Exercise $0 +286 +1.1% $0.000000 26,392 31 Aug 2022 See Footnotes F1, F7, F8, F9
transaction UAL Common Stock Tax liability $5,907 -127 -0.48% $46.51 26,265 31 Aug 2022 See Footnotes F5, F8, F9
transaction UAL Common Stock Options Exercise $0 +819 +3.1% $0.000000 27,084 28 Feb 2022 See Footnotes F1, F2, F8, F9
transaction UAL Common Stock Options Exercise $0 +2,841 +10% $0.000000 29,925 28 Feb 2022 See Footnotes F1, F8, F9, F11
transaction UAL Common Stock Options Exercise $0 +1,809 +6% $0.000000 31,734 28 Feb 2022 See Footnotes F1, F8, F9, F12
transaction UAL Common Stock Tax liability $96,437 -2,172 -6.8% $44.40 29,562 28 Feb 2022 See Footnotes F5, F8, 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 -3,282 -100% $0.000000* 0 28 Feb 2022 Common Stock 3,282 Direct F1, F2, F10
transaction UAL Restricted Stock Units Options Exercise $0 -5,608 -50% $0.000000 5,609 28 Feb 2022 Common Stock 5,608 Direct F1, F3, F10
transaction UAL Restricted Stock Units Options Exercise $0 -5,606 -33% $0.000000 11,212 28 Feb 2022 Common Stock 5,606 Direct F1, F4, F10
transaction UAL Restricted Stock Units Options Exercise $0 +1,144 +19% $0.000000 7,241 25 May 2021 Common Stock 1,144 See Footnote F1, F7, F8, F10
transaction UAL Restricted Stock Units Options Exercise $0 -286 -5% $0.000000 5,432 31 Aug 2021 Common Stock 286 See Footnote F1, F7, F8, F10
transaction UAL Restricted Stock Units Options Exercise $0 -819 -100% $0.000000* 0 28 Feb 2022 Common Stock 819 See Footnote F1, F2, F8, F10
transaction UAL Restricted Stock Units Options Exercise $0 -2,841 -50% $0.000000 2,841 28 Feb 2022 Common Stock 2,841 See Footnote F1, F8, F10, F11
transaction UAL Restricted Stock Units Options Exercise $0 -1,809 -33% $0.000000 3,623 28 Feb 2022 Common Stock 1,809 See Footnote F1, F8, F10, F12
* 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 February 27, 2019 and vest in 1/3 annual installments on February 28, 2020, 2021 and 2022.
F3 The RSUs were granted on February 21, 2020 and vest in 1/3 annual installments on February 28, 2021, 2022 and 2023.
F4 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.
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 with respect to the reporting person or, as applicable, the spouse of the reporting person. See footnote 8.
F6 Includes 5,374 shares held in a revocable trust in the name of the reporting person.
F7 The RSUs were granted on May 25, 2021 and vest in four installments on August 31, 2021, February 28, 2022, August 31, 2022 and February 28, 2023. See also footnote 12 regarding the vesting of these awards.
F8 By spouse of the reporting person.
F9 Includes 6,765 shares held in a revocable trust in the name of the spouse of the reporting person.
F10 Each RSU represents the economic equivalent of one share of UAL common stock and is settled in shares of UAL common stock upon vesting.
F11 The RSUs were granted on February 21, 2020 and May 4, 2020 and vest in 1/3 annual installments on February 28, 2021, 2022 and 2023.
F12 The RSUs were granted on March 1, 2021 and May 5, 2021 and vest in four installments on August 31, 2021, February 28, 2022, August 31, 2022 and February 28, 2023.