Donald Lee Moak - 06 Jun 2024 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Role: Director
Signature: /s/ Mark Sorensen as attorney-in-fact for Donald Lee Moak
Issuer symbol: UP
Transactions as of: 06 Jun 2024
Net transactions value: $0
Form type: 4
Filing time: 07 Jun 2024, 17:40:27 UTC
Previous filing: 24 Jan 2024
Next filing: 27 Nov 2024
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	Award	$0	+87,065	+138%	$0.000000	150,231	06 Jun 2024	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 RSUs on June 6, 2024 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 the Issuer upon vesting. The RSUs will vest in four equal quarterly installments on each of (i) September 6, 2025, (ii) December 6, 2024, (iii) March 6, 2025, and (iv) upon the earlier to occur of (a) June 6, 2025 or (b) the date of the next annual meeting of stockholders of the Issuer following June 6, 2024, in each case subject to the Reporting Person's continued service to the Issuer.

Content

Represents a grant of RSUs on June 6, 2024 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 the Issuer upon vesting. The RSUs will vest in four equal quarterly installments on each of (i) September 6, 2025, (ii) December 6, 2024, (iii) March 6, 2025, and (iv) upon the earlier to occur of (a) June 6, 2025 or (b) the date of the next annual meeting of stockholders of the Issuer following June 6, 2024, in each case subject to the Reporting Person's continued service to the Issuer.