Melinda Wilner - Feb 1, 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
Stock symbol
UWMC
Transactions as of
Feb 1, 2024
Transactions value $
-$49,731
Form type
4
Date filed
2/5/2024, 04:07 PM
Previous filing
Feb 17, 2023
Next filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UWMC Class A Common Stock Options Exercise $0 +20.7K +76.33% $0.00 47.7K Feb 1, 2024 Direct F1
transaction UWMC Class A Common Stock Tax liability -$49.7K -7.04K -14.76% $7.06 40.7K Feb 1, 2024 Direct F2
holding UWMC Class A Common Stock 1K Feb 1, 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 -20.7K -100% $0.00* 0 Feb 1, 2024 Class A Common Stock 20.7K Direct F4, F6
holding UWMC Restricted Stock Units 16.4K Feb 1, 2024 Class A Common Stock 16.4K 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.