Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | UWMC | Class A Common Stock | Purchase | $1.01M | +278K | +9645.07% | $3.64 | 281K | May 12, 2022 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | UWMC | Restricted Stock Units | 9.05K | May 12, 2022 | Class A Common Stock | 9.05K | Direct | F3, F4 |
Id | Content |
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F1 | The reporting person's purchase of UWM Holdings Corp. Class A common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 1,575 shares, with the Reporting Person's sale of 1,575 shares of UWM Holdings Corp. Class A common stock at a price of $3.56 per share on May 12, 2022 which was executed by the Company's stock plan administrator automatically for the payment of taxes in connection with the vesting of the reporting person's RSUs. The transaction resulted in short-swing profit of $1,949.85, which the Reporting Person has disgorged to the Issuer in accordance with Section 16(b) of the Securities Exchange Act of 1934. |
F2 | Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $3.56 to $3.76 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price. |
F3 | The Restricted Stock Units ("RSUs") convert to Class A Common Stock on a one-for-one basis. |
F4 | The RSUs vest in accordance with the following schedule: 4,455 will vest on February 1, 2023 and 4,590 will vest on February 1, 2024. |