Hart Gregory L 4

4 · United Airlines Holdings, Inc. · Filed Mar 3, 2020

Form 4

Period: 2020-02-28

SVP Operations

Transactions

Exercise/Conversion
Common Stock
2020-02-28+914→ 22,752 total
Exercise/Conversion
Common Stock
2020-02-28+6,372→ 29,124 total
Tax Payment
Common Stock
2020-02-28$61.59/sh−7,841$482,927→ 26,943 total
Exercise/Conversion
Common Stock
2020-02-28+4,751→ 21,838 total
Exercise/Conversion
Common Stock
2020-02-28+5,660→ 34,784 total
Exercise/Conversion
Restricted Stock Units
2020-02-28−4,751→ 0 total
→ Common Stock (4,751 underlying)
Exercise/Conversion
Restricted Stock Units
2020-02-28−914→ 0 total
→ Common Stock (914 underlying)
Exercise/Conversion
Restricted Stock Units
2020-02-28−6,372→ 6,372 total
→ Common Stock (6,372 underlying)
Exercise/Conversion
Restricted Stock Units
2020-02-28−5,660→ 11,321 total
→ Common Stock (5,660 underlying)

Footnotes (7)

[F1]Represents the settlement upon vesting of restricted stock units ("RSUs") into UAL common stock.
[F2]The RSUs were granted on February 23, 2017 and vest in 1/3 annual installments on February 28, 2018, 2019 and 2020.
[F3]The RSUs were granted on June 14, 2017 and vest in 1/3 annual installments on February 28, 2018, 2019 and 2020.
[F4]The RSUs were granted on February 22, 2018 and vest in 1/3 annual installments on February 28, 2019, 2020 and 2021.
[F5]The RSUs were granted on February 27, 2019 and vest in 1/3 annual installments on February 28, 2020, 2021 and 2022.
[F6]This transaction represents the withholding of shares to pay tax withholding obligations associated with the vesting of the RSU awards granted on February 23, 2017, June 14, 2017, February 22, 2018 and February 27, 2019.
[F7]Each RSU represents the economic equivalent of one share of UAL common stock and is settled in shares of UAL common stock upon vesting.

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