Andrew Hubacker - Aug 30, 2024 Form 4 Insider Report for UWM Holdings Corp (UWMC)

Signature
/s/ Anthony Valentine, as Attorney-in-Fact for Andrew Hubacker
Stock symbol
UWMC
Transactions as of
Aug 30, 2024
Transactions value $
-$10,265
Form type
4
Date filed
9/3/2024, 04:20 PM
Previous filing
Mar 5, 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 +3.75K +13.21% $0.00 32.1K Sep 1, 2024 Direct
transaction UWMC Class A Common Stock Tax liability -$10.3K -1.09K -3.4% $9.40 31.1K Sep 1, 2024 Direct F1

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 Award $0 +329K $0.00 329K Aug 30, 2024 Class A Common Stock 329K Direct F2, F4
transaction UWMC Restricted Stock Units Options Exercise $0 -3.75K -33.33% $0.00 7.5K Sep 1, 2024 Class A Common Stock 3.75K Direct F2, F5
holding UWMC Restricted Stock Units 5.74K Aug 30, 2024 Class A Common Stock 5.74K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld for payment of applicable taxes upon settlement of RSUs in accordance with Rule 16b-3.
F2 The RSUs convert to Class A Common Stock on a one-for-one basis.
F3 These RSUs vest on March 1, 2025. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
F4 These RSUs vest on August 30, 2031. The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan.
F5 These RSUs vest in accordance with the following schedule: 3,750 vested on September 1, 2023, 3,750 vested on September 1, 2024, 3,750 vest on September 1, 2025 and 3,750 vest on September 1, 2026.