SEC Form 4 · accession 0000899243-16-028001
United Airlines Holdings, Inc. · UAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julia Haywood
Officer — EVP & Chief Commercial Officer
Period of report
Aug 22, 2016
Accepted (ET)
Aug 24, 2016 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000100517
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 22, 2016 | A | 4,610 | $0.00 | A | 4,610 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Aug 22, 2016 | A | 42,599 | A | — | — | Common Stock | 42,599 | 42,599 | D |
Explanation of responses
- F1Restricted stock vests in three installments of 1,536 shares on February 28, 2017, 1,537 shares on February 28, 2018 and 1,537 shares on February 28, 2019.
- F2Each restricted stock unit ("RSU") represents the economic equivalent of one share of UAL common stock and shall be settled in cash upon vesting based on the average closing price of UAL common stock for the 20 trading days immediately preceding the vesting date.
- F3The RSUs vest in three installments of 14,199 RSUs on December 31, 2016, 14,200 RSUs on December 31, 2017 and 14,200 RSUs on December 31, 2018.