Eric Cabezas - May 18, 2022 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Signature
/s/ Mark Sorensen as attorney-in-fact for Eric Cabezas
Stock symbol
UP
Transactions as of
May 18, 2022
Transactions value $
$0
Form type
4
Date filed
5/20/2022, 09:14 PM
Next filing
Sep 11, 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 +50K +60.55% $0.00 133K May 18, 2022 Direct F1
* 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 of the Issuer upon vesting. The RSUs will vest in three equal installments on May 18, 2023, 2024 and 2025, subject to the Reporting Person's continued service to the Issuer.