Alexander Chatkewitz - 06 Sep 2024 Form 3 Insider Report for Wheels Up Experience Inc. (UP)

Role: Chief Accounting Officer
Signature: /s/ Mark Sorensen as attorney-in-fact for Alexander Chatkewitz
Issuer symbol: UP
Transactions as of: 06 Sep 2024
Net transactions value: $0
Form type: 3
Filing time: 11 Sep 2024, 20:01:08 UTC
Previous filing: 01 Mar 2022
Next filing: 04 Oct 2024
SEC: View on sec.gov

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						150,000	06 Sep 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.

Content

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