Laura Lawson - 01 Feb 2024 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
Issuer symbol
UWMC
Transactions as of
01 Feb 2024
Net transactions value
-$50,168
Form type
4
Filing time
05 Feb 2024, 16:05:38 UTC
Previous filing
17 Feb 2023
Next filing
12 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 +20,656 +76% $0.000000 47,818 01 Feb 2024 Direct F1
transaction UWMC Class A Common Stock Tax liability $50,168 -7,106 -15% $7.06 40,712 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 -20,656 -100% $0.000000* 0 01 Feb 2024 Class A Common Stock 20,656 Direct F3, F5
holding UWMC Restricted Stock Units 10,014 01 Feb 2024 Class A Common Stock 10,014 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, 2024, 20,656 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 March 2, 2024.
F5 These RSUs vested on February 1, 2024.