UNITED AIRLS HLDGS INC

Ticker: UAL CUSIP: 910047109 Class: COM

BRASADA CAPITAL MANAGEMENT, LP's Holding History (CIK: 0001643833)

Note: Option positions (PUT/CALL) are excluded.

Q4 2018

Shares 599 Value ($000) $50 Avg Close $87.84 Range $78.87 - $97.85

Q3 2018

Shares 597 Value ($000) $53 Avg Close $82.48 Range $67.94 - $91.39

Q2 2018

Shares 32 Value ($000) $2 Avg Close $69.49 Range $64.80 - $75.53

Q1 2018

Shares 599 Value ($000) $40 Avg Close $69.09 Range $60.44 - $79.00

Q4 2017

Shares 599 Value ($000) $38 Avg Close $62.33 Range $56.51 - $69.62

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	599	$50	$87.84	$78.87 - $97.85
Q3 2018	597	$53	$82.48	$67.94 - $91.39
Q2 2018	32	$2	$69.49	$64.80 - $75.53
Q1 2018	599	$40	$69.09	$60.44 - $79.00
Q4 2017	599	$38	$62.33	$56.51 - $69.62