SEC Form 4 · accession 0000899243-18-014482
United Airlines Holdings, Inc. · UAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barney Harford
Director
Period of report
May 25, 2018
Accepted (ET)
May 30, 2018 · 6:15 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 | May 25, 2018 | M | 1,993 | — | A | 37,346 | D | |
| Common Stock | May 25, 2018 | D | 997 | $71.70 | D | 36,349 | D | |
| Common StockF2 | holding | — | — | — | 66,000 | 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 | — | May 25, 2018 | M | 1,993 | D | May 25, 2018 | May 25, 2018 | Common Stock | 1,993 | 0 | D |
Explanation of responses
- F1Each 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.
- F2By grantor retained annuity trust.