Key facts
- This page summarizes DELTA AIR LINES, INC.'s Form 4 filing for Wheels Up Experience Inc. (UP).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 17 Nov 2023, 16:30.
DELTA AIR LINES, INC. - 15 Nov 2023 Form 4 Insider Report for Wheels Up Experience Inc. (UP)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- UP
- Reported as of
- 15 Nov 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 17 Nov 2023, 16:30:11 UTC
- Prior SEC filing
- 22 Sep 2023
- Next SEC filing
- 03 Dec 2025
- Source filing
- View source filing
- Reporting owner signature
- By: /s/ Peter W. Carter, Executive Vice President - External Affairs of Delta Air Lines, Inc.
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
DELTA AIR LINES, INC. filed Form 4 for Wheels Up Experience Inc. (UP) on 17 Nov 2023.
Change
- Previous filing in this sequence was filed on 22 Sep 2023.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
UP
transaction
Class A Common Stock
Other
- Transaction value
- Shares
- +197,606,206
- Change %
- +300%
- Price
- Shares after
- 263,369,307
- Date
- 15 Nov 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
On November 15, 2023 (the "Closing Date"), Wheels Up Experience Inc. (the "Issuer") issued to the Reporting Person 197,606,206 shares of the Issuer's Class A common stock, par value $0.0001 per share, pursuant to the terms of that certain Investment and Investor Rights Agreement, dated September 20, 2023 and amended as of the Closing Date, by and among the Issuer, the Reporting Person and certain other investors party thereto (collectively with the Reporting Person, the "Investors"), in consideration of the extension of credit under that certain Credit Agreement, dated September 20, 2023 and amended as of the Closing Date, by and among the Issuer, as borrower, certain subsidiaries of the Issuer as guarantors, and the Investors party thereto.
Footnote F2
Amount of securities has been adjusted to reflect the 10:1 reverse stock split that occurred on June 7, 2023.