Susan Schuman - Jun 2, 2022 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Role
Director
Signature
/s/ Mark Sorensen as attorney-in-fact for Susan Schuman
Stock symbol
UP
Transactions as of
Jun 2, 2022
Transactions value $
$0
Form type
4
Date filed
6/3/2022, 05:01 PM
Previous filing
Feb 17, 2022
Next filing
Feb 17, 2023

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 +63K +359.71% $0.00 80.5K Jun 2, 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"), 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) June 2, 2023 or (ii) the date of the next annual meeting of stockholders of the Company following June 2, 2022, in each case subject to the Reporting Person's continued service to the Issuer.