Melinda Wilner - 01 Feb 2024 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 2024
Net transactions value
-$49,731
Form type
4
Filing time
05 Feb 2024, 16:07:53 UTC
Previous filing
17 Feb 2023
Next filing
12 Feb 2024
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 +20,656 +76% $0.000000 47,718 01 Feb 2024 Direct F1
transaction UWMC Class A Common Stock Tax liability $49,731 -7,044 -15% $7.06 40,674 01 Feb 2024 Direct F2
holding UWMC Class A Common Stock 1,000 01 Feb 2024 See Footnote 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 UWMC Restricted Stock Units Options Exercise $0 -20,656 -100% $0.000000* 0 01 Feb 2024 Class A Common Stock 20,656 Direct F4, F6
holding UWMC Restricted Stock Units 16,356 01 Feb 2024 Class A Common Stock 16,356 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 1, 2024, 20,656 of the Reporting Person's Restricted Stock Units ("RSUs") were settled for an equal number of Class A Common Stock.
F2 Shares withheld for payment of applicable taxes upon settlement of RSUs in accordance with Rule 16b-3.
F3 The Reporting Person's spouse holds these shares in a separate account. The Reporting Person disclaims pecuniary interest in these shares.
F4 The RSUs convert to Class A Common Stock on a one-for-one basis.
F5 These RSUs vest on March 2, 2024.
F6 These RSUs vested on February 1, 2024.