Alex Elezaj - 01 Feb 2023 Form 4 Insider Report for UWM Holdings Corp (UWMC)

Role
EVP, Chief Strategy Officer, Director
Signature
/s/Anthony Valentine, as Attorney-in-Fact for Alex Elezaj
Issuer symbol
UWMC
Transactions as of
01 Feb 2023
Net transactions value
-$7,190
Form type
4
Filing time
03 Feb 2023, 07:18:32 UTC
Previous filing
16 May 2022
Next filing
17 Feb 2023
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 +4,455 +1.6% 285,113 01 Feb 2023 Direct F1
transaction UWMC Class A Common Stock Tax liability $7,190 -1,533 -0.54% $4.69 283,580 01 Feb 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 -4,455 -49% $0.000000 4,590 01 Feb 2023 Class A Common Stock 4,455 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, 4,455 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: 4,590 vest on February 1, 2024