Tim Forrester - Feb 1, 2022 Form 4 Insider Report for UWM Holdings Corp (UWMC)

Role
EVP, CFO
Signature
/s/ Anthony Valentine, as Attorney-in-Fact for Tim Forrester
Stock symbol
UWMC
Transactions as of
Feb 1, 2022
Transactions value $
-$30,226
Form type
4
Date filed
2/3/2022, 03:33 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UWMC Class A Common Stock Options Exercise $0 +17.8K $0.00 17.8K Feb 1, 2022 Direct F1
transaction UWMC Class A Common Stock Sale -$30.2K -6.34K -35.59% $4.77 11.5K Feb 2, 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 -17.8K -33% $0.00 36.2K Feb 1, 2022 Class A Common Stock 17.8K 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, 17,820 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: 17,820 vest on February 1, 2023 and 18,360 vest on February 1, 2024.