Laura Lawson - Feb 1, 2023 Form 4 Insider Report for UWM Holdings Corp (UWMC)

Role
EVP, Chief People Officer, Director
Signature
/s/ Anthony Valentine, as Attorney-in-Fact for Laura Lawson
Stock symbol
UWMC
Transactions as of
Feb 1, 2023
Transactions value $
-$32,347
Form type
4
Date filed
2/3/2023, 07:15 AM
Previous filing
Feb 3, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UWMC Class A Common Stock Options Exercise +20K +143.07% 34.1K Feb 1, 2023 Direct F1
transaction UWMC Class A Common Stock Tax liability -$32.3K -6.9K -20.25% $4.69 27.2K Feb 1, 2023 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 -20K -49.25% $0.00 20.7K Feb 1, 2023 Class A Common Stock 20K 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, 2023, 20,047 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 in accordance with the following schedule: 20,656 vest on February 1, 2024