Frank N. Newman - Jul 13, 2021 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Role
FORMER DIRECTOR
Signature
/s/ Frank N. Newman
Stock symbol
UP
Transactions as of
Jul 13, 2021
Transactions value $
$0
Form type
4
Date filed
7/15/2021, 04:26 PM
Next filing
Dec 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UP Class A Common Stock Options Exercise +25K 25K Jul 13, 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 -25K -100% $0.00* 0 Jul 13, 2021 Class A Common Stock 25K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Frank N. Newman 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.