Carolyn Corvi - 25 May 2023 Form 4 Insider Report for United Airlines Holdings, Inc. (UAL)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
30 May 2023, 18:08:36 UTC
Prior SEC filing
19 May 2023
Next SEC filing
06 Jul 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Sarah Hagy for Carolyn Corvi

Key filing fact

Carolyn Corvi filed Form 4 for United Airlines Holdings, Inc. (UAL) on 30 May 2023.

Key facts

  • This page summarizes Carolyn Corvi's Form 4 filing for United Airlines Holdings, Inc. (UAL).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 30 May 2023, 18:08.

Change

  • Previous filing in this sequence was filed on 19 May 2023.
  • Current net transaction value: -$89,603.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UAL transaction

Common Stock

Options Exercise

Transaction value
Shares
+3,767
Change %
+18%
Price
Shares after
24,317
Date
26 May 2023
Ownership
Direct
Footnotes
F1, F2
UAL transaction

Common Stock

Disposed to Issuer

Transaction value
$89,603
Shares
-1,884
Change %
-7.7%
Price
$47.56
Shares after
22,433
Date
26 May 2023
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

UAL transaction Derivative

Share Units

Award

Transaction value
$0
Shares
+3,598
Change %
Price
$0.000000
Shares after
3,598
Date
25 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,598
Exercise price
Footnotes
F3, F4
UAL transaction Derivative

Share Units

Options Exercise

Transaction value
Shares
-3,767
Change %
-100%
Price
Shares after
0
Date
26 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,767
Exercise price
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each share unit was the economic equivalent of one share of common stock. Upon vesting, the share units were settled (i) 50% in cash based on average of the high and low sale prices of a share of the Company's common stock on the date of settlement (or the average of the high and low sale prices of the common stock on the preceding trading day if the settlement date is not a trading day) and (ii) 50% in shares of the Company's common stock, with any odd or fractional units rounded toward the share units to be settled in cash.

Footnote F2

Includes 1,052 shares owned jointly with the reporting person's spouse.

Footnote F3

Each share unit represents the economic equivalent of one share of common stock. Upon vesting, the share units are settled (i) 50% in cash based on average of the high and low sale prices of a share of the Company's common stock on the date of settlement (or the average of the high and low sale prices of the common stock on the preceding trading day if the settlement date is not a trading day) and (ii) 50% in shares of the Company's common stock, with any odd or fractional units rounded toward the share units to be settled in cash.

Footnote F4

Additional share units accrue when and as dividends are paid on the Company's common stock. The number of share units accrued will be equal to the dollar amount of dividends that would be payable if the share units were actual shares of common stock, divided by the average of the high and low sale prices of a share of the Company's common stock on the date dividends are paid.

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