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 | +92.6K | +1150.94% | $0.00 | 101K | Jan 22, 2024 | Direct | F1, F2 |
holding | UP | Class A Common Stock, par value $0.0001 per share | 85K | Jan 22, 2024 | Held by Darco Capital LP | F2, F3 | |||||
holding | UP | Class A Common Stock, par value $0.0001 per share | 107K | Jan 22, 2024 | Held by Darco Wheels Up LLC | F2, F3 |
Id | Content |
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F1 | Represents a grant of Restricted Stock Units ("RSUs"), 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 full upon the earlier to occur of (i) January 22, 2025 or (ii) the date of the next annual meeting of stockholders of the Issuer following January 22, 2024, in each case subject to the Reporting Person's continued service to the Issuer. |
F2 | Amount of securities has been adjusted to reflect the 10:1 reverse stock split that occurred on June 7, 2023. |
F3 | The shares are held indirectly by an entity controlled by the Reporting Person. |