United Continental Holdings, Inc. 4
4 · United Continental Holdings, Inc. · Filed Sep 21, 2015
Insider Transaction Report
Form 4
MEYER HENRY L III
Director
Transactions
- Award
Share Units
2015-09-17+579.42→ 579.42 totalFrom: 2016-09-17Exp: 2016-09-17→ Common Stock (579.42 underlying)
Footnotes (2)
- [F1]Each share unit represents the economic equivalent of one share of common stock. Upon settlement, the share units will be 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 will be rounded toward the share units to be settled in cash.
- [F2]Additional share units accrue when and as dividends are paid on the Company's common stock. The number of share units accrued will be equal to the dollar amount of dividends that would be payable if the share units were actual shares of common stock, divided by the average of the high and low sale prices of a share of the Company's common stock on the date dividends are paid.