United Continental Holdings, Inc. 4
4 · United Continental Holdings, Inc. · Filed Jun 10, 2016
Insider Transaction Report
Form 4
YAMARONE CHARLES
Director
Transactions
- Exercise/Conversion
Common Stock
2016-06-08+2,361.61→ 13,333.61 total - Exercise/Conversion
Share Units
2016-06-08−2,361.61→ 0 totalFrom: 2016-06-08Exp: 2016-06-08→ Common Stock (2,361.61 underlying) - Disposition to Issuer
Common Stock
2016-06-08$45.69/sh−1,181.61$53,988→ 12,152 total
Footnotes (2)
- [F1]Each share unit was the economic equivalent of one share of common stock. In accordance with the terms of the share units, the share units are 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) (the "Settlement Price") and (ii) 50% in shares of the Company's common stock. Any odd or fractional units were rounded toward the share units settled in cash.
- [F2]The share unit award was settled on June 8, 2016 as the Reporting Person did not stand for re-election at the Company's 2016 annual stockholders meeting and, as a result, retired at the end of his term from the Company's Board of Directors, as disclosed in the proxy statement filed on April 29, 2016.