UWM Holdings Corp — Director's Dealing 2021

Sep 28, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UWM Holdings Corp (UWMC)
CIK: 0001783398
Period of Report: 2021-03-02

Reporting Person: Gores Sponsor IV LLC (10% Owner)
Reporting Person: AEG Holdings, LLC (10% Owner)
Reporting Person: Gores Alec E (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-07	Class A Common Stock, par value $0.0001 per share	J	6975198	—	Disposed	3574802	Direct
2021-07-07	Class A Common Stock, par value $0.0001 per share	J	3143599	—	Acquired	3143599	Indirect
2021-07-07	Class A Common Stock, par value $0.0001 per share	J	30000	—	Acquired	30000	Indirect
2021-07-07	Class A Common Stock, par value $0.0001 per share	J	150000	—	Acquired	150000	Indirect
2021-07-07	Class A Common Stock, par value $0.0001 per share	J	150000	—	Acquired	150000	Indirect
2021-07-27	Class A Common Stock, par value $0.0001 per share	J	215441	—	Disposed	3359361	Direct
2021-09-14	Class A Common Stock, par value $0.0001 per share	J	3359361	—	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-02	Warrants to Purchase Shares of Class A Common Stock	$11.50	J	5047539	Disposed	2026-01-21	Class A Common Stock, par value $0.0001 per share (5047539)	Indirect
2021-03-02	Warrants to Purchase Shares of Class A Common Stock	$11.50	J	2107539	Acquired	2026-01-21	Class A Common Stock, par value $0.0001 per share (2107539)	Indirect

Footnotes

F1: On July 7, 2021, Gores Sponsor IV LLC ("Sponsor") made an in-kind distribution of 6,975,198 shares of Class A common stock ("Shares") of UWM Holdings Corporation (the "Issuer"). AEG Holdings, LLC ("AEG") is the managing member of Sponsor. Alec Gores is the managing member of AEG. As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by AEG and Sponsor.

F2: Of the 6,975,198 Shares distributed by Sponsor described in footnote 1 above, AEG received 3,143,599 Shares in the distribution-in-kind.

F3: Of the 6,975,198 Shares distributed by Sponsor described in footnote 1 above, NBI Irrevocable Trust #4, a trust for the benefit of one of Mr. Gores's children, received 30,000 Shares in the distribution-in-kind. As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by the trust.

F4: Of the 6,975,198 Shares distributed by Sponsor described in footnote 1 above, NBI Irrevocable Trust #5, a trust for the benefit of one of Mr. Gores's children, received 150,000 Shares in the distribution-in-kind. As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by the trust.

F5: Of the 6,975,198 Shares distributed by Sponsor described in footnote 1 above, NBI Irrevocable Trust #6, a trust for the benefit of one of Mr. Gores's children, received 150,000 Shares in the distribution-in-kind.. As such, Alec Gores may be deemed to have beneficial ownership of the securities beneficially owned by the trust.

F6: On July 27, 2021, Sponsor made an in-kind distribution of 215,441 Shares.

F7: On September 14, 2021, Sponsor made an in-kind distribution of 3,359,361 Shares.

F8: On March 2, 2021, Sponsor made an in-kind distribution of 5,047,539 warrants ("Warrants") to purchase 5,047,539 Shares.

F9: Of the 5,047,539 Warrants distributed by Sponsor described in footnote 8 above, AEG received 2,107,539 Warrants in the distribution-in-kind.

F10: Because of the relationship among the reporting persons, the reporting persons may be deemed to beneficially own the securities reported herein to the extent of their respective pecuniary interests. Each reporting person disclaims beneficial ownership of the securities reported herein, except to the extent of such reporting person's pecuniary interest therein, if any. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that the reporting persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.