Form 4 for UP Wheels Up Experience Inc.

Accepted 2021-09-21 00:00:00 ET · period of report 2021-09-17 · accession 0001104659-21-117846 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2021-09-21	2021-09-17	UP	Hegde Vinayak	Chief Marketplace Off	A - Grant	$0.00	+719.1K	258.7K	New	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock, par value $0.0001 per share	2021-09-17	A	A	460,392	$0.00	719,127	D	—	—	(F2) Represents a grant of RSUs, which will be settled in shares of the Class A Common Stock of Wheels Up Experience Inc. upon vesting. The RSUs will vest as follows: 1/6th will vest on November 5, 2021, while the remaining RSUs will vest and become exercisable in 10 equal quarterly installments of 1/12th of the RSUs each, commencing on February 5, 2022, subject to the Reporting Person's continued service to the Issuer.
2	Common	Class A Common Stock, par value $0.0001 per share	2021-09-17	A	A	258,735	$0.00	258,735	D	—	—	(F1) Represents a grant of Restricted Stock Units ("RSUs"), which will be settled in shares of the Class A Common Stock of Wheels Up Experience Inc. upon vesting. The RSUs will vest in three equal installments on September 17, 2022, September 17, 2023 and September 17, 2024, subject to the Reporting Person's continued service to the Issuer.