Key facts
- This page summarizes Gores Sponsor IV LLC's Form 4 filing for UWM Holdings Corp (UWMC).
- 9 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 28 Sep 2021, 17:46.
Gores Sponsor IV LLC - 02 Mar 2021 Form 4 Insider Report for UWM Holdings Corp (UWMC)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- UWMC
- Reported as of
- 02 Mar 2021
- Net transaction value
- $0
- Reporting owner signature
- GORES SPONSOR IV LLC, By: /s/ Andrew McBride, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Gores Sponsor IV LLC filed Form 4 for UWM Holdings Corp (UWMC) on 28 Sep 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
UWMC
transaction
Class A Common Stock, par value $0.0001 per share
Other
- Transaction value
- Shares
- -6,975,198
- Change %
- -66%
- Price
- Shares after
- 3,574,802
- Date
- 07 Jul 2021
- Ownership
- Direct
- Footnotes
- F1
UWMC
transaction
Class A Common Stock, par value $0.0001 per share
Other
- Transaction value
- Shares
- +3,143,599
- Change %
- Price
- Shares after
- 3,143,599
- Date
- 07 Jul 2021
- Ownership
- See footnotes
- Footnotes
- F1, F2, F10
UWMC
transaction
Class A Common Stock, par value $0.0001 per share
Other
- Transaction value
- Shares
- +30,000
- Change %
- Price
- Shares after
- 30,000
- Date
- 07 Jul 2021
- Ownership
- See footnotes
- Footnotes
- F1, F3, F10
UWMC
transaction
Class A Common Stock, par value $0.0001 per share
Other
- Transaction value
- Shares
- +150,000
- Change %
- Price
- Shares after
- 150,000
- Date
- 07 Jul 2021
- Ownership
- See footnotes
- Footnotes
- F1, F4, F10
UWMC
transaction
Class A Common Stock, par value $0.0001 per share
Other
- Transaction value
- Shares
- +150,000
- Change %
- Price
- Shares after
- 150,000
- Date
- 07 Jul 2021
- Ownership
- See footnotes
- Footnotes
- F1, F5, F10
UWMC
transaction
Class A Common Stock, par value $0.0001 per share
Other
- Transaction value
- Shares
- -215,441
- Change %
- -6%
- Price
- Shares after
- 3,359,361
- Date
- 27 Jul 2021
- Ownership
- Direct
- Footnotes
- F6
UWMC
transaction
Class A Common Stock, par value $0.0001 per share
Other
- Transaction value
- Shares
- -3,359,361
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 14 Sep 2021
- Ownership
- Direct
- Footnotes
- F7
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
UWMC
transaction
Derivative
Warrants to Purchase Shares of Class A Common Stock
Other
- Transaction value
- Shares
- -5,047,539
- Change %
- -96%
- Price
- Shares after
- 202,461
- Date
- 02 Mar 2021
- Ownership
- See footnotes
- Underlying class
- Class A Common Stock, par value $0.0001 per share
- Underlying amount
- 5,047,539
- Exercise price
- $11.50
- Footnotes
- F8, F10
UWMC
transaction
Derivative
Warrants to Purchase Shares of Class A Common Stock
Other
- Transaction value
- Shares
- +2,107,539
- Change %
- Price
- Shares after
- 2,107,539
- Date
- 02 Mar 2021
- Ownership
- See footnotes
- Underlying class
- Class A Common Stock, par value $0.0001 per share
- Underlying amount
- 2,107,539
- Exercise price
- $11.50
- Footnotes
- F8, F9, F10
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Gores Sponsor IV LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 10 footnotes
Footnote F1
On July 7, 2021, Gores Sponsor IV LLC ("Sponsor") made an in-kind distribution of 6,975,198 shares of Class A common stock ("Shares") of UWM Holdings Corporation (the "Issuer"). AEG Holdings, LLC ("AEG") is the managing member of Sponsor. Alec Gores is the managing member of AEG. As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by AEG and Sponsor.
Footnote F2
Of the 6,975,198 Shares distributed by Sponsor described in footnote 1 above, AEG received 3,143,599 Shares in the distribution-in-kind.
Footnote F3
Of the 6,975,198 Shares distributed by Sponsor described in footnote 1 above, NBI Irrevocable Trust #4, a trust for the benefit of one of Mr. Gores's children, received 30,000 Shares in the distribution-in-kind. As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by the trust.
Footnote F4
Of the 6,975,198 Shares distributed by Sponsor described in footnote 1 above, NBI Irrevocable Trust #5, a trust for the benefit of one of Mr. Gores's children, received 150,000 Shares in the distribution-in-kind. As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by the trust.
Footnote F5
Of the 6,975,198 Shares distributed by Sponsor described in footnote 1 above, NBI Irrevocable Trust #6, a trust for the benefit of one of Mr. Gores's children, received 150,000 Shares in the distribution-in-kind.. As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by the trust.
Footnote F6
On July 27, 2021, Sponsor made an in-kind distribution of 215,441 Shares.
Footnote F7
On September 14, 2021, Sponsor made an in-kind distribution of 3,359,361 Shares.
Footnote F8
On March 2, 2021, Sponsor made an in-kind distribution of 5,047,539 warrants ("Warrants") to purchase 5,047,539 Shares.
Footnote F9
Of the 5,047,539 Warrants distributed by Sponsor described in footnote 8 above, AEG received 2,107,539 Warrants in the distribution-in-kind.
Footnote F10
Because of the relationship among the reporting persons, the reporting persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests. Each reporting person disclaims beneficial ownership of the securities reported herein, except to the extent of such reporting person's pecuniary interest therein, if any. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that the reporting persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.