Alexander Chatkewitz - Sep 6, 2024 Form 3 Insider Report for Wheels Up Experience Inc. (UP)

Signature
/s/ Mark Sorensen as attorney-in-fact for Alexander Chatkewitz
Stock symbol
UP
Transactions as of
Sep 6, 2024
Transactions value $
$0
Form type
3
Date filed
9/11/2024, 08:01 PM
Previous filing
Mar 1, 2022
Next filing
Oct 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UP Class A Common Stock, par value $0.0001 per share 150K Sep 6, 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 150,000 restricted stock units ("RSUs") pursuant to Rule 16b-3(d) under the Securities Act of 1934, as amended, which will be settled in shares of Class A Common Stock, par value $0.0001 per share, of Wheels Up Experience Inc. (the "Issuer") as follows: (a) 1/4th of the RSUs will vest on June 5, 2025; and (b) the remaining RSUs will vest in 12 equal quarterly installments commencing September 5, 2025, in each case subject to the Reporting Person's continued service to the Issuer.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney