Todd Lamar Smith - Jul 3, 2023 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Role
Interim CEO and CFO
Signature
/s/ Mark Sorensen as attorney-in-fact for Todd Lamar Smith
Stock symbol
UP
Transactions as of
Jul 3, 2023
Transactions value $
$0
Form type
4
Date filed
7/3/2023, 05:17 PM
Previous filing
Jun 2, 2023
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UP Class A Common Stock, par value $0.0001 per share Award $0 +140K +39.18% $0.00 498K Jul 3, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of Restricted Stock Units ("RSUs") pursuant to Rule 16b-3(d), which will be settled in shares of the Class A Common Stock, par value $0.0001 per share, of Wheels Up Experience Inc. (the "Issuer") upon vesting. The RSUs will vest in-full on January 3, 2024, subject to the Reporting Person's continued service to the Issuer.
F2 Amount of securities has been adjusted to reflect the 10:1 reverse stock split that occurred on June 7, 2023.