Share-Based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Share-Based Compensation Plan Cost

The following table provides information related to UAL’s share-based compensation plan cost for the years ended December 31 (in millions):


	2016		2015		2014
Compensation cost (a):
RSUs	$	58	$	52	$	104
Restricted stock		11		6		10
Stock options		1		—		—

Total	$	70	$	58	$	114

(a) All compensation cost is recorded to Salaries and related costs, with the exception of $3 million in 2014 that was recorded in integration-related costs as a component of special items.

Schedule of Unearned Compensation and Weighted Average Remaining Period for Outstanding Share-Based Awards

The table below summarizes UAL’s unearned compensation and weighted-average remaining period to recognize costs for all outstanding share-based awards that are probable of being achieved as of December 31, 2016 (in millions, except as noted):


	Unearned Compensation		Weighted- Average Remaining Period (in years)
RSUs	$	49		1.5
Restricted stock		11		1.5
Stock options		5		3.2

Total	$	65

Schedule of Restricted Stock Unit and Restricted Stock Activity

The table below summarizes UAL’s RSUs and restricted stock activity for the years ended December 31 (shares in millions):


	RSUs		Restricted Stock		Weighted- Average Grant Price
Non-vested at December 31, 2013		5.4		0.9	$	25.02
Granted		0.9		0.3		43.33
Vested		(2.2)		(0.4)		24.66
Forfeited		(0.3)		(0.1)		28.88

Non-vested at December 31, 2014		3.8		0.7		32.55
Granted		1.0		0.2		66.53
Vested		(1.6)		(0.4)		31.14
Forfeited		(0.6)		(0.2)		46.23

Non-vested at December 31, 2015		2.6		0.3		48.68
Granted		1.9		0.4		50.63
Vested		(1.4)		(0.1)		41.47
Forfeited		(0.2)		(0.1)		53.42

Non-vested at December 31, 2016		2.9		0.5		52.00