Andrew Hubacker - 01 Feb 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
Issuer symbol
UWMC
Transactions as of
01 Feb 2024
Net transactions value
-$2,979
Form type
4
Filing time
05 Feb 2024, 16:06:54 UTC
Previous filing
06 Sep 2023
Next filing
07 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 +1,224 +29% $0.000000 5,502 01 Feb 2024 Direct F1
transaction UWMC Class A Common Stock Tax liability $2,979 -422 -7.7% $7.06 5,080 01 Feb 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 -1,224 -100% $0.000000* 0 01 Feb 2024 Class A Common Stock 1,224 Direct F3, F7
holding UWMC Restricted Stock Units 26,427 01 Feb 2024 Class A Common Stock 26,427 Direct F3, F4
holding UWMC Restricted Stock Units 7,844 01 Feb 2024 Class A Common Stock 7,844 Direct F3, F5
holding UWMC Restricted Stock Units 11,250 01 Feb 2024 Class A Common Stock 11,250 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.