Laura Lawson - Feb 1, 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
Stock symbol
UWMC
Transactions as of
Feb 1, 2024
Transactions value $
-$50,168
Form type
4
Date filed
2/5/2024, 04:05 PM
Previous filing
Feb 17, 2023
Next filing
Feb 12, 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 +20.7K +76.05% $0.00 47.8K Feb 1, 2024 Direct F1
transaction UWMC Class A Common Stock Tax liability -$50.2K -7.11K -14.86% $7.06 40.7K 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 -20.7K -100% $0.00* 0 Feb 1, 2024 Class A Common Stock 20.7K Direct F3, F5
holding UWMC Restricted Stock Units 10K Feb 1, 2024 Class A Common Stock 10K 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.