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 | $649K | +250K | +41.67% | $2.60 | 850K | Jun 1, 2022 | Held by Darco Capital LP | F1, F2 |
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 | F3 |
holding | UP | Class A Common Stock, par value $0.0001 per share | 1.07M | Jun 1, 2022 | Held by Darco Wheels Up LLC | F2 |
Id | Content |
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F1 | The price reported in this box in Column 4 is a weighted average price. These shares were purchased in transactions at prices ranging from $2.52 to $2.65. 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 number of shares purchased at each separate price. |
F2 | The shares are held indirectly by an entity controlled by the Reporting Person. |
F3 | 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. |