FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: February 28, 2011
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

UNITED AIR LINES INC 		2. Issuer Name and Ticker or Trading Symbol

EXPRESSJET HOLDINGS INC [ XJT ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

77 W. WACKER DRIVE,  		3. Date of Earliest Transaction (MM/DD/YYYY)

9/27/2010
(Street)

CHICAGO, IL 60601
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ 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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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, par value $0.01 per share   9/27/2010     C    2695959   (1) A $0.01   2695959   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
Warrant   $0.01   9/27/2010     C         1    2/17/2010     (2) Common Stock, par value $0.01 per share   2700000   $0   0   D    

Explanation of Responses:
( 1)  United elected a cashless exercise of the warrant. Based on the cashless exercise formula under the Warrant to Purchase Common Stock, dated February 17, 2010, United received fewer than 2,700,000 shares of ExpressJet Holdings, Inc. common stock.
( 2)  The warrant expired on the date of exercise, September 27, 2010.

Remarks:
United Continental Holdings, Inc., formerly UAL Corporation, is also a reporting person. United Air Lines, Inc. has direct ownership of the ExpressJet Holdings, Inc. securities. As United Continental Holdings, Inc. is the parent company of United Air Lines, Inc., it has indirect beneficial ownership in the securities.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
UNITED AIR LINES INC
77 W. WACKER DRIVE
CHICAGO, IL 60601
X

United Continental Holdings, Inc.
JOHN LAKOSIL - WHQLD
77 W. WACKER DRIVE
CHICAGO, IL 60601
X


Signatures
/s/ Zane Rowe 10/5/2010
** 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 control number.
Expressjet (NYSE:XJT)
Historical Stock Chart
From Nov 2024 to Dec 2024 Click Here for more Expressjet Charts.
Expressjet (NYSE:XJT)
Historical Stock Chart
From Dec 2023 to Dec 2024 Click Here for more Expressjet Charts.