United Airlines Holdings, Inc. (UAL) Insider Transactions

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.07 to $120.40, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F2 Balance held in a revocable trust in the name of the reporting person.

F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.33 to $119.68, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F4 By spouse of the reporting person.

F5 Balance held in a revocable trust in the name of the spouse of the reporting person.

References: F4, F5

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.07 to $120.40, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F2 Balance held in a revocable trust in the name of the reporting person.

F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.33 to $119.68, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F4 By spouse of the reporting person.

F5 Balance held in a revocable trust in the name of the spouse of the reporting person.

References: F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.25 to $121.62, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F2 Represents shares held in a trust for the benefit of Mr. Kirby's children and other relatives in which Mr. Kirby serves as the trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report is not an admission that the reporting person is the beneficial owner of all the reported shares for purposes of Section 16 or for any other purpose.

F3 Represents shares held in a trust for the benefit of Mr. Kirby's children in which Mr. Kirby's brother serves as the trustee. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.07 to $120.40, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F2 Balance held in a revocable trust in the name of the reporting person.

F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.33 to $119.68, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F4 By spouse of the reporting person.

F5 Balance held in a revocable trust in the name of the spouse of the reporting person.

References: F3, F4

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.07 to $120.40, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F2 Balance held in a revocable trust in the name of the reporting person.

F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.33 to $119.68, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F4 By spouse of the reporting person.

F5 Balance held in a revocable trust in the name of the spouse of the reporting person.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

References:

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.56 to $113.53, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

F2 Represents shares held in an account by the reporting person's mother over which the reporting person holds a power of attorney.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents a charitable donation by the reporting person.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.61 to $102.81, inclusive. The reporting person undertakes to provide to United Airlines Holdings, Inc., any security holder of United Airlines Holdings, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.

References: F1