Timothy M. Armstrong - 10 Jun 2025 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Reporting relationship: Director
Issuer ticker: UP
Reported as of: 10 Jun 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 11 Jun 2025, 20:00:09 UTC
Prior SEC filing: 07 Jun 2024
Source filing: View source filing
Reporting owner signature: /s/ Mark Sorensen as attorney-in-fact for Timothy M. Armstrong

Key filing fact

Timothy M. Armstrong filed Form 4 for Wheels Up Experience Inc. (UP) on 11 Jun 2025.

Key facts

This page summarizes Timothy M. Armstrong's Form 4 filing for Wheels Up Experience Inc. (UP).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 11 Jun 2025, 20:00.

Change

Previous filing in this sequence was filed on 07 Jun 2024.
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

Reporting Owners (1)

CIK 0001476604 Primary reporting owner

Armstrong Timothy M

Relationship: Director
Address: C/O WHEELS UP EXPERIENCE INC., 2135 AMERICAN WAY, CHAMBLEE
Signature: /s/ Mark Sorensen as attorney-in-fact for Timothy M. Armstrong
Signature date: 11 Jun 2025

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: +115,132
Change %: +61%
Price: $0.000000
Shares after: 302,835
Date: 10 Jun 2025
Ownership: Direct
Footnotes: F1

UP holding

Class A Common Stock, par value $0.0001 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 900
Date: 10 Jun 2025
Ownership: Held by Armstrong Family Investment, LLC
Footnotes: F2

UP holding

Class A Common Stock, par value $0.0001 per share

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 100,771
Date: 10 Jun 2025
Ownership: Held by Polar Capital Group, LLC
Footnotes: 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") on June 10, 2025 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 in four equal quarterly installments on each of (i) September 10, 2026, (ii) December 10, 2025, (iii) March 10, 2026, and (iv) upon the earlier to occur of (a) June 10, 2026 or (b) the date of the next annual meeting of stockholders of the Issuer following June 10, 2025, in each case subject to the Reporting Person's continued service to the Issuer.

Footnote F2

The shares are held indirectly by an entity controlled by the Reporting Person.