4//SEC Filing
KIRBY J SCOTT 4
Accession 0000100517-25-000067
CIK 0000100517other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 6:59 PM ET
Size
21.0 KB
Accession
0000100517-25-000067
Insider Transaction Report
Form 4
KIRBY J SCOTT
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2025-02-28+53,419→ 657,089 total - Tax Payment
Common Stock
2025-02-28$93.81/sh−60,420$5,668,000→ 696,790 total - Exercise/Conversion
Restricted Stock Units
2025-02-28−53,419→ 0 total→ Common Stock (53,419 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-28−50,560→ 101,121 total→ Common Stock (50,560 underlying) - Exercise/Conversion
Common Stock
2025-02-28+49,561→ 706,650 total - Exercise/Conversion
Common Stock
2025-02-28+50,560→ 757,210 total - Exercise/Conversion
Restricted Stock Units
2025-02-28−49,561→ 49,561 total→ Common Stock (49,561 underlying) - Award
Restricted Stock Units
2025-02-28+87,943→ 87,943 total→ Common Stock (87,943 underlying)
Holdings
- 5,000(indirect: See Footnote)
Common Stock
- 8,000(indirect: See Footnote)
Common Stock
Footnotes (9)
- [F1]Represents the settlement upon vesting of restricted stock units ("RSUs") into UAL common stock.
- [F2]The RSUs were granted on March 7, 2022 and vest in one-third (1/3) substantially equal annual installments on February 28, 2023, February 28, 2024 and February 28, 2025.
- [F3]The RSUs were granted on April 4, 2023 and vest in one-third (1/3) substantially equal annual installments on February 28, 2024, February 28, 2025 and February 28, 2026.
- [F4]The RSUs were granted on February 29, 2024 and vest in one-third (1/3) substantially equal annual installments on February 28, 2025, February 28, 2026 and February 28, 2027.
- [F5]This transaction represents the withholding of shares to pay tax withholding obligations associated with the vesting of the RSU awards referenced in footnotes 2 - 4, above.
- [F6]Represents shares held in a trust for the benefit of Mr. Kirby's children and other relatives in which Mr. Kirby serves as the trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report is not an admission that the reporting person is the beneficial owner of all the reported shares for purposes of Section 16 or for any other purpose.
- [F7]Represents shares held in a trust for the benefit of Mr. Kirby's children in which Mr. Kirby's brother serves as the trustee. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F8]Each RSU represents the economic equivalent of one share of UAL common stock and shall be settled in shares of UAL common stock upon vesting.
- [F9]The RSUs were granted on February 28, 2025 and vest in one-third (1/3) substantially equal annual installments on February 28, 2026, February 28, 2027 and February 28, 2028.
Documents
Issuer
United Airlines Holdings, Inc.
CIK 0000100517
Entity typeother
Related Parties
1- filerCIK 0001249555
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 6:59 PM ET
- Size
- 21.0 KB