Vinayak Hegde - 07 Nov 2022 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Role
President
Signature
/s/ Mark Sorensen as attorney-in-fact for Vinayak Hedge
Issuer symbol
UP
Transactions as of
07 Nov 2022
Net transactions value
-$15,143
Form type
4
Filing time
09 Nov 2022, 19:00:35 UTC
Previous filing
20 Sep 2022
Next filing
15 Nov 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 Sale $15,143 -9,592 -0.46% $1.58 2,065,385 07 Nov 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Vinayak Hegde is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares sold by the Reporting Person to cover the payment of tax liability arising as a result of the vesting of restricted stock units originally reported by the Reporting Person in a Form 4 filed with the United States Securities and Exchange Commission ("SEC") on September 21, 2021. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 22, 2022.
F2 The price reported in this box in Column 4 is a weighted average price. The shares were sold in transactions at prices ranging from $1.53 to $1.61. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price.