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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (4) | 02/27/2019 | M(1) | 8,856 | (2) | (2) | Common Stock | 8,856 | $ 0 | 8,856 | D | ||||
Restricted Stock Units | (4) | 02/27/2019 | A | 10,703 | (5) | (5) | Common Stock | 10,703 | $ 0 | 10,703 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Nocella Andrew P P. O. BOX 66100 HDQLD CHICAGO, IL 60666 |
EVP & Chief Commercial Officer |
/s/ Sarah Hagy for Andrew Nocella | 03/01/2019 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Represents the settlement upon vesting of restricted stock units ("RSUs") into UAL common stock. |
(2) | The RSUs were granted on February 27, 2017 and vest in three installments of 8,856 RSUs on February 27, 2018, 8,856 RSUs on February 27, 2019 and 8,856 RSUs on February 27, 2020. |
(3) | This transaction represents the withholding of shares to pay tax withholding obligations associated with the vesting an award granted on February 27, 2017. |
(4) | Each RSU represents the economic equivalent of one share of UAL common stock and is settled in shares of UAL common stock upon vesting. |
(5) | The RSUs vest in three installments of 3,567 RSUs on February 28, 2020, 3,568 RSUs on February 28, 2021 and 3,568 RSUs on February 28, 2022. |