May 22, 2025 · Form 4 insider transaction
Freyre Michelle bought 2,410 shares of United Airlines Holdings, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 5 days after the transaction.
Each share unit represents the economic equivalent of one share of common stock. Upon vesting, the share units are settled (i) 50% in cash based on average of the high and low sale prices of a share of the Company's common stock on the vesting date (or the average of the high and low sale prices of the common stock on the preceding trading day if the vesting date is not a trading day) and (ii) 50% in shares of the Company's common stock, with any odd or fractional units rounded toward the share units to be settled in cash.; (Continued from Footnote 2) Notwithstanding the foregoing, the Reporting Person elected to defer the Reporting Person's 2025 annual director equity award into a share account pursuant to the terms of the Company's Director Equity Incentive Plan ("DEIP"). Therefore, all the share units granted to the Reporting Person for the 2025 annual director equity award will be settled following the Reporting Person's separation from service in accordance with the terms of the DEIP.; 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.