Mark Briffa - May 31, 2023 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Role: Chief Commercial Officer
Signature: /s/ Mark Sorensen as attorney-in-fact for Mark Briffa
Stock symbol: UP
Transactions as of: May 31, 2023
Transactions value $: $0
Form type: 4
Date filed: 6/2/2023, 07:00 PM
Previous filing: Apr 4, 2023
Next filing: Sep 13, 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	+316K	+56.44%	$0.00	877K	May 31, 2023	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) under the Securities Exchange Act of 1934, as amended, which will be settled in shares of the Class A common stock, par value $0.0001 per share of Wheels Up Experience Inc. (the "Issuer") upon vesting. The RSUs will vest in three equal installments on February 23, 2024, February 23, 2025 and February 23, 2026, subject to the Reporting Person's continued service to the Issuer.

Content

Represents a grant of restricted stock units ("RSUs") pursuant to Rule 16b-3(d) under the Securities Exchange Act of 1934, as amended, which will be settled in shares of the Class A common stock, par value $0.0001 per share of Wheels Up Experience Inc. (the "Issuer") upon vesting. The RSUs will vest in three equal installments on February 23, 2024, February 23, 2025 and February 23, 2026, subject to the Reporting Person's continued service to the Issuer.