SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
FARRELL W JAMES

(Last) (First) (Middle)
P.O. BOX 66100 - WHQLD

(Street)
CHICAGO IL 60666

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
UAL CORP /DE/ [ UAUA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/01/2006
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock $0.01 par value 02/01/2006 A 10,000 A $0.00 10,000 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
/s/ Christine S. Grawemeyer for W. James Farrell 02/03/2006
** 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 4 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
 UAL CORPORATION

Authorization and Designation
to Sign and File


Section 16 Reporting Forms

The undersigned, a director and/or

executive officer of UAL Corporation, a Delaware corporation (the

"Company"), does hereby authorize and designate Paul R. Lovejoy, Steven
M.
Rasher, Paul D. Zier, Christine S. Grawemeyer, and Debbie S. Porter,
or any
one of them, to sign and file on my behalf any and all Forms 3, 4
and 5
relating to equity securities of the Company with the Securities
and
Exchange Commission pursuant to the requirements of Section 16 of the

Securities Exchange Act of 1934 ("Section 16"). The undersigned hereby

revokes all authorizations delivered to the Company prior to the date

hereof for purposes of failitating the filing of Forms 3, 4 and 5
relating
to equity securities of the Company. This authorization, unless
earlier
revoked in writing, shall be valid until the undersigned’s
reporting
obligations under Section 16 with respect to securities of the
Company
shall cease.

IN WITNESS WHEREOF, the undersigned has
executed this
Authorization and Designation this 23rd day of January,
2006.




/s/ W. James Farrell

- ----------------------------------
Signature


W. James Farrell