SEC Form 4 · accession 0000899243-17-016278
United Airlines Holdings, Inc. · UAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barney Harford
Director
Period of report
Jun 9, 2017
Accepted (ET)
Jun 13, 2017 · 6:45 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 | Jun 9, 2017 | M | 2,707 | — | A | 16,707 | D | |
| Common Stock | Jun 9, 2017 | D | 1,354 | $79.825 | D | 15,353 | D | |
| Common StockF2 | holding | — | — | — | 86,000 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share UnitsF1 | — | Jun 9, 2017 | M | 2,707 | D | Jun 9, 2017 | Jun 9, 2017 | Common Stock | 2,707 | 0 | D |
Explanation of responses
- F1Each share unit was the economic equivalent of one share of common stock. In accordance with the terms of the share units, the share units were settled (i) 50% in cash based on the 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. Any odd or fractional units were rounded toward the share units settled in cash.
- F2By grantor retained annuity trust.