SEC Form 4 · accession 0000899243-19-005917
United Airlines Holdings, Inc. · UAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew P Nocella
Officer — EVP & Chief Commercial Officer
Period of report
Feb 28, 2019
Accepted (ET)
Mar 4, 2019 · 7:21 pm EST
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 | Feb 28, 2019 | M | 2,919 | $0.00 | A | 28,141 | D | |
| Common Stock | Feb 28, 2019 | F | 1,294 | $87.81 | D | 26,847 | D | |
| Common Stock | Feb 28, 2019 | M | 3,904 | $0.00 | A | 30,751 | D | |
| Common Stock | Feb 28, 2019 | F | 1,730 | $87.81 | D | 29,021 | 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 UnitsF6,F2 | — | Feb 28, 2019 | M | 2,919 | D | — | — | Common Stock | 2,919 | 2,920 | D |
| Restricted Stock UnitsF6,F4 | — | Feb 28, 2019 | M | 3,904 | D | — | — | Common Stock | 3,904 | 7,809 | D |
Explanation of responses
- F1Represents the settlement upon vesting of restricted stock units ("RSUs") into UAL common stock.
- F2The RSUs were granted on February 27, 2017 and vest in 1/3 annual installments on February 28, 2018, 2019 and 2020.
- F3This transaction represents the withholding of shares to pay tax withholding obligations associated with the vesting of the RSU award granted on February 27, 2017.
- F4The RSUs were granted on February 22, 2018 and vest in 1/3 annual installments on February 28, 2019, 2020 and 2021.
- F5This transaction represents the withholding of shares to pay tax withholding obligations associated with the vesting of the RSU award granted on February 22, 2018.
- F6Each RSU represents the economic equivalent of one share of UAL common stock and is settled in shares of UAL common stock upon vesting.