SEC Form 4 · accession 0000899243-18-022819
United Airlines Holdings, Inc. · UAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald Laderman
Officer — SVP- Finance & Acting CFO
Period of report
Aug 16, 2018
Accepted (ET)
Aug 20, 2018 · 6:01 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 Stock | Aug 16, 2018 | M | 15,000 | $0.00 | A | 53,523 | D | |
| Common Stock | Aug 16, 2018 | F | 6,638 | $81.90 | D | 46,885 | 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 UnitsF4,F2 | — | Aug 16, 2018 | M | 15,000 | D | — | — | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Represents the settlement upon vesting of restricted stock units ("RSUs") into UAL common stock.
- F2The RSUs were granted on August 16, 2016 and vest in three equal installments on August 16, 2017, 2018 and 2019.
- F3This transaction represents the withholding of shares to pay tax withholding obligations associated with the vesting of the RSU award granted on August 16, 2016.
- F4Each RSU represents the economic equivalent of one share of UAL common stock and is settled in shares of UAL common stock upon vesting.