Todd Lamar Smith - May 31, 2023 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Signature
/s/ Mark Sorensen as attorney-in-fact for Todd Lamar Smith
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
Jan 5, 2023
Next filing
Jul 3, 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 +1.8M +101.25% $0.00 3.58M 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.