David J. Adelman - 14 Mar 2022 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Role
Director
Signature
/s/ Mark Sorensen as attorney-in-fact for David J. Adelman
Issuer symbol
UP
Transactions as of
14 Mar 2022
Net transactions value
+$619,800
Form type
4
Filing time
16 Mar 2022, 16:16:49 UTC
Previous filing
17 Dec 2021
Next filing
03 Jun 2022
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, par value $0.0001 per share Purchase $619,800 +200,000 +50% $3.10 600,000 14 Mar 2022 Held by Darco Capital LP F1, F2
holding UP Class A Common Stock, par value $0.0001 per share 1,071,851 14 Mar 2022 Held by Darco Wheels up LLC
holding UP Class A Common Stock, par value $0.0001 per share 17,500 14 Mar 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in this box in Column 4 is a weighted average price. The shares ("Shares") of Class A Common Stock of Wheels Up Experience Inc. were purchased in transactions at prices ranging from $3.00 to $3.18. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the numbers of shares purchased at each separate price.
F2 The 600,000 Shares are held indirectly through Darco Capital LP, an entity controlled by the Reporting Person.