United Annual Meeting
Jun 11, 2008, 2:38 pm
#1
Original Member
Original Poster
Join Date: May 1998
Location: The shape-shifting urban sprawl that is El Lay. FT member #71.
Programs: UA Gold & MM; DL & AA credit card dirt status; Hilton Diamond; Marriott Fool's Gold
Posts: 4,690
United Annual Meeting
I just noticed that United's annual meeting is tomorrow at the Marriott in Woodland Hills, CA. Strange place to have it (almost 30 miles from LAX), but it's really close to my house.
I don't own UAUA, but it sure would be fun to attend. Anyone know if one can get into the meeting, without evidence that you own the stock, or have a proxy for someone?
Also I noticed that some of the unions are having a rally in a park just behind the hotel. That too should be entertaining.
Googling and visiting UAL.com's investor relations pages did not give me much info to go on.
I don't own UAUA, but it sure would be fun to attend. Anyone know if one can get into the meeting, without evidence that you own the stock, or have a proxy for someone?
Also I noticed that some of the unions are having a rally in a park just behind the hotel. That too should be entertaining.
Googling and visiting UAL.com's investor relations pages did not give me much info to go on.
Jun 11, 2008, 2:45 pm
#2
Join Date: Dec 1999
Location: NorCal - 1K 2MM
Posts: 2,089
I believe that as long as you bring along some "reasonable" proof of stock owenership, such as a brokerage statement showing you owned UAUA as of the record date, they always have to let you in, even without the formal ticket.
Is this the first year there has been no glitzy annual report in addition to the 10-K form, by the way? Or did I miss the report?
Is this the first year there has been no glitzy annual report in addition to the 10-K form, by the way? Or did I miss the report?
Jun 11, 2008, 2:48 pm
#3
Join Date: Apr 2005
Location: MBS/FNT/LAN
Programs: UA 1K, HH Gold, Mariott Gold
Posts: 9,630
I just noticed that United's annual meeting is tomorrow at the Marriott in Woodland Hills, CA. Strange place to have it (almost 30 miles from LAX), but it's really close to my house.
I don't own UAUA, but it sure would be fun to attend. Anyone know if one can get into the meeting, without evidence that you own the stock, or have a proxy for someone?
Also I noticed that some of the unions are having a rally in a park just behind the hotel. That too should be entertaining.
Googling and visiting UAL.com's investor relations pages did not give me much info to go on.
I don't own UAUA, but it sure would be fun to attend. Anyone know if one can get into the meeting, without evidence that you own the stock, or have a proxy for someone?
Also I noticed that some of the unions are having a rally in a park just behind the hotel. That too should be entertaining.
Googling and visiting UAL.com's investor relations pages did not give me much info to go on.
2. Spend market price (7.22 close today) + 10.99 for a market order
3. Attend meeting as a stockholder
Also, IIRC there was actually a MP deal to open an ameritrade account (but it could have expired).
Jun 11, 2008, 3:07 pm
#4
Join Date: Apr 2005
Location: LAX
Programs: UA Silver, AA, WN, DL
Posts: 4,091
Dang it! I'm in OC tomorrow... I shoulda changed my schedule so I could be closer in that neck of the woods.
Jun 11, 2008, 3:15 pm
#5
Original Member
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Join Date: May 1998
Location: The shape-shifting urban sprawl that is El Lay. FT member #71.
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Posts: 4,690
Suppose I can put in a buy order at the 6:30am opening. Might be worth the $18 admission fee. I have an online account with a competitor of Ameritrade that charges about a buck less, and I'll get an instant confirm.
Of course I would not be an owner as of whatever the "record date" was. Anyone have some thoughts as to whether they will be hard-@ssed about this subjectivity>
Now to figure out what time it starts, and whether I can put off some work related chores I have scheduled for tomorrow.
Of course I would not be an owner as of whatever the "record date" was. Anyone have some thoughts as to whether they will be hard-@ssed about this subjectivity>
Now to figure out what time it starts, and whether I can put off some work related chores I have scheduled for tomorrow.
Jun 11, 2008, 3:19 pm
#6
Join Date: Dec 1999
Location: NorCal - 1K 2MM
Posts: 2,089
Suppose I can put in a buy order at the 6:30am opening. Might be worth the $18 admission fee. I have an online account with a competitor of Ameritrade that charges about a buck less, and I'll get an instant confirm.
Of course I would not be an owner as of whatever the "record date" was. Anyone have some thoughts as to whether they will be hard-@ssed about this subjectivity>
Now to figure out what time it starts, and whether I can put off some work related chores I have scheduled for tomorrow.
Of course I would not be an owner as of whatever the "record date" was. Anyone have some thoughts as to whether they will be hard-@ssed about this subjectivity>
Now to figure out what time it starts, and whether I can put off some work related chores I have scheduled for tomorrow.
Jun 11, 2008, 3:31 pm
#7
Original Member
Original Poster
Join Date: May 1998
Location: The shape-shifting urban sprawl that is El Lay. FT member #71.
Programs: UA Gold & MM; DL & AA credit card dirt status; Hilton Diamond; Marriott Fool's Gold
Posts: 4,690
I just called my wife who is a securities compliance consultant and asked her about whether they would have to let me in. She's going to ask around, but she thinks it will be entirely at UAUA's discretion (kind of what Starman is alluding to). She did say that even though I will buy a share in the morning, the trade legally will not clear in the same day. Consequently I wouldn't be an official shareholder tomorrow morning.
________________________
Update: My wife just talked to the principal of one of her broker/dealer clients, and he said it would be highly unlikely if they bar my entry. If they ask, just tell them I'm an indirect holder (for all I know the stock is actually in one or more of the 50+ mutual funds my family has pieces of). Also if I wear a suit, that would also help my admission.
________________________
Update: My wife just talked to the principal of one of her broker/dealer clients, and he said it would be highly unlikely if they bar my entry. If they ask, just tell them I'm an indirect holder (for all I know the stock is actually in one or more of the 50+ mutual funds my family has pieces of). Also if I wear a suit, that would also help my admission.
Last edited by Craig6z; Jun 11, 2008 at 3:50 pm
Jun 11, 2008, 3:33 pm
#8
Join Date: Jul 2004
Location: SNA
Programs: AA EXP, UA 1K (until it expires then never again), *wood Plat, Marriott Gold
Posts: 9,239
I guess I find myself wondering just WHY you want to go? If UA gave me a share I wouldn't show up. Is there any particular reason you want to be there? It seems like a complete waste of a day
Jun 11, 2008, 3:36 pm
#9
Join Date: Mar 2005
Location: Seattle, WA
Programs: DL Diamond, UA 1K MM, SPG Plat For Life, Marriott Plat, Nexus/GlobalEntry
Posts: 9,198
I have been to a couple corporate annual meetings for large companies in the past and I was not a shareholder of either company and was not requested to provide any kind of proof that I was a shareholder.
Edited: Then again, neither of the ones I went to were having deep troubles or union problems.
Edited: Then again, neither of the ones I went to were having deep troubles or union problems.
Last edited by SEA1K4EVR; Jun 11, 2008 at 3:42 pm
Jun 11, 2008, 3:37 pm
#10
Original Member
Original Poster
Join Date: May 1998
Location: The shape-shifting urban sprawl that is El Lay. FT member #71.
Programs: UA Gold & MM; DL & AA credit card dirt status; Hilton Diamond; Marriott Fool's Gold
Posts: 4,690
I have this delusion it might be entertaining, with all the mis-steps Tilden has made in the last year, and the fact the unions will be protesting across the street. It is very convenient for me, and I really do not have to go into my office tomorrow. Plus a buddy of mine has been trying to get me to meet him for lunch, and his office is next door.
Of course pretty much every annual meeting I've been to over the years for other firms, have been real yawners.
Of course pretty much every annual meeting I've been to over the years for other firms, have been real yawners.
Jun 11, 2008, 3:43 pm
#11
Moderator: Mileage Run, United Airlines; FlyerTalk Evangelist
Join Date: Jan 2004
Location: The City/Honolulu
Programs: UA 3MM; Hyatt Glob*****; Hilton Diamond
Posts: 14,473
There is some FTer who is a shareholder and has posted before. Maybe you can get a proxy?
Here is the thread.
Here is the thread.
Jun 11, 2008, 4:10 pm
#12
Join Date: Jul 2002
Location: Virginia, USA
Posts: 4,508
Should be an interesting meeting--stock may hit an all-time low tomorrow.
Jun 11, 2008, 9:18 pm
#13
FlyerTalk Evangelist
Join Date: May 2001
Location: LAX; AA EXP, MM; HH Gold
Posts: 31,789
The real question is whether Evelyn Y. Davis shows up, like she did at today's USAir annual meeting. Here's some discussion of the circus, largely from the perspective of USAir employees:
http://www.usaviation.com/forums/ind...howtopic=41937
She was in Tempe today (Wednesday), so it would be easy for her to get to Woodland Hills on Thursday. I live near Warner Center and if I didn't already have plans to be in Sherman Oaks tomorrow, I'd attend just to see the fireworks she can incite.
http://www.usaviation.com/forums/ind...howtopic=41937
She was in Tempe today (Wednesday), so it would be easy for her to get to Woodland Hills on Thursday. I live near Warner Center and if I didn't already have plans to be in Sherman Oaks tomorrow, I'd attend just to see the fireworks she can incite.
Jun 11, 2008, 10:38 pm
#14
Moderator: Luxury Hotels and FlyerTalk Evangelist
Join Date: Sep 2002
Location: Palo Alto, California,USA
Posts: 17,854
However, no SEC regulations are broken if they let you attend, the SEC is generally always OK with anything that involves giving MORE public disclosure. They can't let you actually VOTE on anything without being a shareholder on the record date.
I had a grim experience years ago at that Marriott, but nothing that would cause a problem with a meeting. One reason for holding a meeting in that location could well be to make it harder for people in the Chicago area to attend (i.e., a lot of union people?).
Last edited by RichardInSF; Jun 11, 2008 at 10:44 pm
Jun 12, 2008, 8:22 am
#15
Join Date: Apr 2005
Location: MBS/FNT/LAN
Programs: UA 1K, HH Gold, Mariott Gold
Posts: 9,630
While many annual meetings cure insomnia, these are very crazy times for UA and could be an intersting meeting. FWIW, I have always found UA's conference calls and investors days quite informative and entertaining.
Finally, my gut say it was NOT a coincidence that UA announced the 15.00 fee on the day of the annual meeting.