-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, K3WZeO0tEnh2oIXRo/0xBwtrvbY3qe51z1/9Jg3LWyZ2FykFHE5fgkDMVt/npYeu trqJ6Wcfy1OGcQn4JXkQDQ== 0000950137-07-006713.txt : 20070503 0000950137-07-006713.hdr.sgml : 20070503 20070503173012 ACCESSION NUMBER: 0000950137-07-006713 CONFORMED SUBMISSION TYPE: 424B7 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070503 DATE AS OF CHANGE: 20070503 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UNITED AIR LINES INC CENTRAL INDEX KEY: 0000101001 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 362675206 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B7 SEC ACT: 1933 Act SEC FILE NUMBER: 333-142297-01 FILM NUMBER: 07816787 BUSINESS ADDRESS: STREET 1: JOHN LAKOSIL - HDQLD STREET 2: 77 W. WACKER CITY: CHICAGO STATE: IL ZIP: 60601 BUSINESS PHONE: 847-700-4462 MAIL ADDRESS: STREET 1: JOHN LAKOSIL - HDQLD STREET 2: 77 W. WACKER CITY: CHICAGO STATE: IL ZIP: 60601 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UAL CORP /DE/ CENTRAL INDEX KEY: 0000100517 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 362675207 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B7 SEC ACT: 1933 Act SEC FILE NUMBER: 333-142297 FILM NUMBER: 07816786 BUSINESS ADDRESS: STREET 1: JOHN LAKOSIL - WHQLD STREET 2: 77 W. WACKER CITY: CHICAGO STATE: IL ZIP: 600601 BUSINESS PHONE: 312-997-8000 MAIL ADDRESS: STREET 1: JOHN LAKOSIL - WHQLD STREET 2: 77 W. WACKER CITY: CHICAGO STATE: IL ZIP: 600601 FORMER COMPANY: FORMER CONFORMED NAME: ALLEGIS CORP DATE OF NAME CHANGE: 19880613 FORMER COMPANY: FORMER CONFORMED NAME: UAL INC DATE OF NAME CHANGE: 19870517 424B7 1 c14870e424b7.htm PROSPECTUS SUPPLEMENT e424b7
 

 
Filed Pursuant to Rule 424(b)(7)
Registration No. 333-142297 and 333-142297-01
 
PROSPECTUS SUPPLEMENT NO. 1
TO PROSPECTUS DATED APRIL 23, 2007
 
UAL CORPORATION
$726,000,000
 
4.50% SENIOR LIMITED-SUBORDINATION CONVERTIBLE NOTES DUE 2021,
SHARES OF COMMON STOCK ISSUABLE UPON CONVERSION OF
THE NOTES OR IN PAYMENT OF ACCRUED INTEREST ON THE NOTES
AND RELATED GUARANTEE BY UNITED AIR LINES, INC.
 
 
This prospectus supplement No. 1 supplements the prospectus dated April 23, 2007 relating to the resale by selling securityholders of up to $726,000,000 aggregate principal amount of 4.50% Senior Limited-Subordination Convertible Notes due 2021 (the “notes”) and the shares of common stock of UAL Corporation (“UAL”) issuable upon conversion of the notes or in payment of accrued interest on the notes. The notes are guaranteed on an unsecured basis by United Air Lines, Inc., a wholly-owned subsidiary of UAL.
 
This prospectus supplement should be read in conjunction with the prospectus dated April 23, 2007, which is to be delivered with this prospectus supplement, and this prospectus supplement is qualified by reference to the prospectus, except to the extent that the information in this prospectus supplement supersedes the information contained in the prospectus. This prospectus supplement is not complete without, and may not be delivered or utilized except in connection with, the prospectus, including any amendments or supplements thereto.
 
 
Investing in the notes and UAL common stock involves risks. See “Risk Factors” beginning on page 7 of the prospectus dated April 23, 2007.
 
 
Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus supplement or prospectus dated April 23, 2007 is truthful or complete. Any representation to the contrary is a criminal offense.
 
 
The information appearing under the heading of the prospectus entitled “Selling Securityholders” sets forth information with respect to the selling securityholders and the respective amounts of notes beneficially owned by each selling securityholder that may be offered pursuant to the prospectus. The information set forth below supplements the information previously listed in the prospectus and the prospectus is hereby supplemented by the addition or substitution, as applicable, of the following:
 
                                 
    Principal Amount of
 		                Shares of UAL
 		 
    Notes Beneficially
 		    Percentage of
 		    Shares of UAL
 		    Common Stock
 		 
    Owned and Offered
 		    Notes
 		    Common Stock
 		    Beneficially Owned
 		 
Selling Securityholder
  Hereby(a)     Outstanding     Offered Hereby(b)     After the Offering(c)  
 
Aristeria International Limited
    25,695,000       3.5 %     737,536       —  
Aristeria Partners LP
    4,305,000       *       123,568       —  
DBAG London
    1,000,000       *       28,703       —  
Goldman, Sachs & Co. 
    13,536,000       1.9 %     388,530       —  
UBS O’Connor F/B/O: O’Connor Global Convertible Arbitrage Master Limited
    18,862,000       2.6 %     541,405       —  
UBS O’Connor F/B/O: O’Connor Global Convertible Arbitrage II Master Limited
    3,638,000       *       104,423       —  
Total
    $67,036,000       9.2 %     1,924,165       —  
 
 
*  Less than 1%.
 
(a) Information concerning the selling securityholders may change from time to time. Any such changed information will be set forth in prospectus supplements or amendments from time to time, if required.
 
(b) Assumes conversion of all of the selling securityholder’s notes at a conversion rate of 28.7035 shares of UAL common stock per $1,000 principal amount of the notes and a cash payment in lieu of any fractional shares. This conversion rate is subject to adjustment as described under “Description of the Notes — Conversion Rights” in the prospectus. Accordingly, the number of shares of UAL common stock may increase or decrease from time to time. Fractional shares will not be issued upon conversion of the notes.
 
(c) Reflects the number of shares of UAL common stock beneficially owned prior to the offering (excluding shares of common stock issuable upon conversion of the notes).
 
 
THE DATE OF THIS PROSPECTUS SUPPLEMENT IS MAY 3, 2007.

-----END PRIVACY-ENHANCED MESSAGE-----