Leo Austin - 13 Jul 2021 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Role
FORMER DIRECTOR
Signature
/s/ Leo Austin
Issuer symbol
UP
Transactions as of
13 Jul 2021
Net transactions value
$0
Form type
4
Filing time
15 Jul 2021, 16:24:30 UTC
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UP Class A Common Stock Options Exercise +25,000 25,000 13 Jul 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UP Class B ordinary share Options Exercise $0 -25,000 -100% $0.000000* 0 13 Jul 2021 Class A Common Stock 25,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Leo Austin is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On July 13, 2021, Aspirational Consumer Lifestyle Corp. ("ASPL" and the former name of the Issuer) consummated its initial business combination (the "Business Combination") with Wheels Up Partners Holdings LLC. In connection with the consummation of the Business Combination, each share of Class B ordinary share, par value $0.0001 per share, of ASPL automatically converted into one share of the Issuer's Class A common stock, par value $0.0001 per share.