Andrew Hubacker - Feb 1, 2024 Form 4 Insider Report for UWM Holdings Corp (UWMC)

Role
EVP, CFO and CAO
Signature
/s/ Anthony Valentine, as Attorney-in-Fact for Andrew Hubacker
Stock symbol
UWMC
Transactions as of
Feb 1, 2024
Transactions value $
-$2,979
Form type
4
Date filed
2/5/2024, 04:06 PM
Previous filing
Sep 6, 2023
Next filing
Feb 7, 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 +1.22K +28.61% $0.00 5.5K Feb 1, 2024 Direct F1
transaction UWMC Class A Common Stock Tax liability -$2.98K -422 -7.67% $7.06 5.08K Feb 1, 2024 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 -1.22K -100% $0.00* 0 Feb 1, 2024 Class A Common Stock 1.22K Direct F3, F7
holding UWMC Restricted Stock Units 26.4K Feb 1, 2024 Class A Common Stock 26.4K Direct F3, F4
holding UWMC Restricted Stock Units 7.84K Feb 1, 2024 Class A Common Stock 7.84K Direct F3, F5
holding UWMC Restricted Stock Units 11.3K Feb 1, 2024 Class A Common Stock 11.3K Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On February 1, 2024, 1,224 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 RSUs convert to Class A Common Stock on a one-for-one basis.
F4 These RSUs vest on February 6, 2024.
F5 These RSUs vest on March 2, 2024.
F6 These RSUs vest in accordance with the following schedule: 3,750 vest on September 1, 2024, 3,750 vest on September 1, 2025 and 3,750 vest on September 1, 2026.
F7 These RSUs vested on February 1, 2024.