SEC Form 4 · accession 0000899243-16-032775
United Airlines Holdings, Inc. · UAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Linda P Jojo
Officer — EVP and CIO
Period of report
Nov 3, 2016
Accepted (ET)
Nov 4, 2016 · 5:52 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 | Nov 3, 2016 | M | 7,676 | $0.00 | A | 26,468 | D | |
| Common StockF1 | Nov 3, 2016 | D | 7,676 | $54.51 | D | 18,792 | 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 UnitsF1,F2 | — | Nov 3, 2016 | M | 7,676 | D | — | — | Common Stock | 7,676 | 7,677 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents the economic equivalent of one share of UAL common stock and is 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.
- F2The RSUs vest in three installments of 7,676 RSUs on November 3, 2015, 7,676 RSUs on November 3, 2016, and 7,677 RSUs on November 3, 2017.