SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Ishbia Jeff

(Last) (First) (Middle)
C/O UWM HOLDINGS CORPORATION
585 SOUTH BLVD E

(Street)
PONTIAC MI 48341

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/21/2021
3. Issuer Name and Ticker or Trading Symbol
UWM Holdings Corp [ UWMC ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Class D Common Stock(1) (1) 01/21/2021 Class A Common Stock 1,502,069,787 (1) I See Footnote(2)
Class B Common Units of UWM Holdings, LLC(1) (1) 01/21/2021 Class A Common Stock 1,502,069,787 (1) I See Footnote(2)
Explanation of Responses:
1. Shares of Class D Common Stock of the Issuer ("Class D Stock") have 10 votes per share but no economic rights (including rights to dividends and distributions upon liquidation) and are issued in an equal amount to the number of Class B common units ("Class B Common Units") of UWM Holdings, LLC ("UWM LLC") held. Each stapled unit (consisting of one share of Class D Stock and one Class B Common Unit) is convertible and/or exchangeable for one share of Class A Common Stock of the Issuer, as described under the heading "Description of Securities - Conversion" in the Issuer's Registration Statement on Form S-1 filed with the SEC on January 25, 2021, SEC File No. 333-252422. The conversion and exchange rights do not expire.
2. The securities are held directly by SFS Holding Corp. Mat Ishbia and Jeff Ishbia, by virtue of their role with the trust that owns the voting securities of SFS, exercise the voting and dispositive power of the securities held by SFS Holding Corp.
Remarks:
/s/Anthony Valentine, as Attorney-in-Fact for Jeff Ishbia 02/01/2021
** Signature of Reporting Person Date
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 5 (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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