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UWMC UWM Holdings Corporation

7.81
0.03 (0.39%)
After Hours
Last Updated: 21:23:09
Delayed by 15 minutes
Share Name Share Symbol Market Type
UWM Holdings Corporation NYSE:UWMC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.03 0.39% 7.81 7.88 7.71 7.76 1,038,167 21:23:09

Statement of Changes in Beneficial Ownership (4)

03/02/2022 9:35pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Forrester Tim
2. Issuer Name and Ticker or Trading Symbol

UWM Holdings Corp [ UWMC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
EVP, CFO
(Last)          (First)          (Middle)

C/O UWM HOLDINGS CORPORATION, 585 SOUTH BLVD E
3. Date of Earliest Transaction (MM/DD/YYYY)

2/1/2022
(Street)

PONTIAC, MI 48341
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 2/1/2022  M  17820 A$0 (1)17820 D  
Class A Common Stock 2/2/2022  S(2)  6342 D$4.766 11478 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (3)2/1/2022  M     17820   (4) (4)Class A Common Stock 17820.0 $0 36180 D  

Explanation of Responses:
(1) On February 1, 2022, 17,820 of the Reporting Person's Restricted Stock Units ("RSUs") were settled for an equal number of Class A Common Stock.
(2) Reflects shares sold for taxes payable upon the vesting of RSUs.
(3) The RSUs convert to Class A Common Stock on a one-for-one basis.
(4) The RSUs were granted pursuant to the 2020 Omnibus Incentive Plan. The RSUs vest in accordance with the following schedule: 17,820 vest on February 1, 2023 and 18,360 vest on February 1, 2024.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Forrester Tim
C/O UWM HOLDINGS CORPORATION
585 SOUTH BLVD E
PONTIAC, MI 48341


EVP, CFO

Signatures
/s/ Anthony Valentine, as Attorney-in-Fact for Tim Forrester2/1/2022
**Signature of Reporting PersonDate

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