Ravi Thakran - 23 Jun 2023 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Reporting relationship: Executive Chairman, Director
Issuer ticker: UP
Reported as of: 23 Jun 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 27 Jun 2023, 17:13:33 UTC
Prior SEC filing: 03 Jun 2022
Source filing: View source filing
Reporting owner signature: /s/ Mark Sorensen as attorney-in-fact for Ravi Thakran

Key filing fact

Ravi Thakran filed Form 4 for Wheels Up Experience Inc. (UP) on 27 Jun 2023.

Key facts

This page summarizes Ravi Thakran's Form 4 filing for Wheels Up Experience Inc. (UP).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 27 Jun 2023, 17:13.

Change

Previous filing in this sequence was filed on 03 Jun 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

UP transaction

Class A Common Stock, par value $0.0001 per share

Award

Transaction value: $0
Shares: +160,000
Change %: +88%
Price: $0.000000
Shares after: 342,645
Date: 23 Jun 2023
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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 two equal installments on each of May 9, 2024 and May 9, 2025, subject to the Reporting Person's continued service to the Issuer.

Footnote F2

Amount of securities has been adjusted to reflect the 10:1 reverse stock split that occurred on June 7, 2023.