Todd Lamar Smith - 01 Jul 2022 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Signature
/s/ Mark Sorensen as attorney-in-fact for Todd Lamar Smith
Issuer symbol
UP
Transactions as of
01 Jul 2022
Net transactions value
$0
Form type
4
Filing time
06 Jul 2022, 19:13:44 UTC
Previous filing
06 Jul 2022
Next filing
05 Jan 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 +2,051,282 $0.000000 2,051,282 01 Jul 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 Wheels Up Experience Inc. upon vesting. The RSUs will vest in three equal installments on December 30, 2022, December 30, 2023, and December 30, 2024, subject to the Reporting Person's continued service to the Issuer.