United Continental Holdings, Inc. 4
4 · United Continental Holdings, Inc. · Filed Jun 13, 2016
Insider Transaction Report
Form 4
Garvey Jane C
Director
Transactions
- Exercise/Conversion
Common Stock
2016-06-11+2,361.61→ 4,969.61 total - Exercise/Conversion
Share Units
2016-06-11−2,361.61→ 0 totalFrom: 2016-06-11Exp: 2016-06-11→ Common Stock (2,361.61 underlying) - Disposition to Issuer
Common Stock
2016-06-11$46.16/sh−1,181.61$54,543→ 3,788 total - Award
Share Units
2016-06-09+2,707.09→ 2,707.09 totalFrom: 2017-06-09Exp: 2017-06-09→ Common Stock (2,707.09 underlying)
Footnotes (3)
- [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]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 Settlement Price 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.
- [F3]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.