Melinda Wilner - 01 Feb 2022 Form 4 Insider Report for UWM Holdings Corp (UWMC)

Role: EVP, COO, Director
Signature: /s/ Anthony Valentine, as Attorney-in-Fact for Melinda Wilner
Issuer symbol: UWMC
Transactions as of: 01 Feb 2022
Net transactions value: -$33,998
Form type: 4
Filing time: 03 Feb 2022, 15:35:30 UTC
Next filing: 03 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UWMC	Class A Common Stock	Options Exercise	$0	+20,047	+2005%	$0.000000	21,047	01 Feb 2022	Direct	F1
transaction	UWMC	Class A Common Stock	Sale	$33,998	-7,135	-34%	$4.76	13,912	02 Feb 2022	Direct	F2

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	UWMC	Restricted Stock Units	Options Exercise	$0	-20,047	-33%	$0.000000	40,703	01 Feb 2022	Class A Common Stock	20,047		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 1, 2022, 20,047 of the Reporting Person's Restricted Stock Units ("RSUs") were settled for an equal number of Class A Common Stock.
F2	Reflects shares sold for taxes payable upon the vesting of RSUs.
F3	The RSUs convert to Class A Common Stock on a one-for-one basis.
F4	The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan. The RSUs vest in accordance with the following schedule: 20,047 vest on February 1, 2023 and 20,656 vest on February 1, 2024.