Ravi Thakran - Sep 17, 2021 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Role
Director
Signature
/s/ Mark Sorensen as attorney-in-fact for Ravi Thakran
Stock symbol
UP
Transactions as of
Sep 17, 2021
Transactions value $
$0
Form type
4
Date filed
9/21/2021, 03:45 PM
Next filing
Jun 3, 2022

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 +17.5K +1% $0.00 1.76M Sep 17, 2021 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"), which will be settled in shares of the Class A Common Stock of Wheels Up Experience Inc. upon vesting. The RSUs will vest in full upon the earlier to occur of (i) September 17, 2022 or (ii) the date of the next annual meeting of stockholders of the Company following September 17, 2021, in each case subject to the Reporting Person's continued service to the Issuer.
F2 Direct holdings by the Reporting Person prior to the transaction reported herein were 1,746,004 shares, which were previously inadvertently reported as 1,764,004 shares due to a typographical error.