Sec Form 4 Filing - Elezaj Alex @ UWM Holdings Corp - 2022-05-12

Insider filing report for Changes in Beneficial Ownership
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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
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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1. Name and Address of Reporting Person
Elezaj Alex
2. Issuer Name and Ticker or Trading Symbol
UWM Holdings Corp [ UWMC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, Chief Strategy Officer
(Last) (First) (Middle)
C/O UWM HOLDINGS CORPORATION, 585 SOUTH BLVD E
3. Date of Earliest Transaction (MM/DD/YY)
05/12/2022
(Street)
PONTIAC, MI48341
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 05/12/2022 P( 1 ) 277,778 A $ 3.6362( 2 ) 280,658 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 3 ) ( 4 ) ( 4 ) Class A Common Stock 9,045 9,045 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Elezaj Alex
C/O UWM HOLDINGS CORPORATION
585 SOUTH BLVD E
PONTIAC, MI48341
X EVP, Chief Strategy Officer
Signatures
/s/Anthony Valentine, as Attorney-in-Fact for Alex Elezaj 05/16/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person's purchase of UWM Holdings Corp. Class A common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 1,575 shares, with the Reporting Person's sale of 1,575 shares of UWM Holdings Corp. Class A common stock at a price of $3.56 per share on May 12, 2022 which was executed by the Company's stock plan administrator automatically for the payment of taxes in connection with the vesting of the reporting person's RSUs. The transaction resulted in short-swing profit of $1,949.85, which the Reporting Person has disgorged to the Issuer in accordance with Section 16(b) of the Securities Exchange Act of 1934.
( 2 )Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $3.56 to $3.76 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
( 3 )The Restricted Stock Units ("RSUs") convert to Class A Common Stock on a one-for-one basis.
( 4 )The RSUs vest in accordance with the following schedule: 4,455 will vest on February 1, 2023 and 4,590 will vest on February 1, 2024.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).

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