Form 4 for UP Wheels Up Experience Inc.
Accepted 2023-01-05 00:00:00 ET · period of report 2023-01-03 · accession 0001104659-23-001432 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-01-05 | 2023-01-03 | UP | Smith Todd Lamar | CFO | S - Sale | $1.04 | -273.5K | 1.78M | -13% | -$284.4K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | 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 | 2023-01-03 | S | D | 273,504 | $1.04 | 1,777,778 | D | — | — | (F1) Represents shares sold by the Reporting Person to cover the payment of tax liability arising as a result of the vesting of restricted stock units originally reported by the Reporting Person in a Form 4 filed with the United States Securities and Exchange Commission ("SEC") on July 6, 2022. The sales reported on this Form 4 were effected pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) promulgated under the Securities Exchange Act of 1934, as amended, which was adopted by the Reporting Person on November 30, 2022. (F2) The price reported in this box in Column 4 is a weighted average price. The shares were sold in transactions at prices ranging from $1.01 to $1.06 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price. |