Form 4 for UP Wheels Up Experience Inc.
Accepted 2023-06-27 00:00:00 ET · period of report 2023-06-23 · accession 0001104659-23-075337 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-06-27 | 2023-06-23 | UP | Thakran Ravi | Executive COB, Dir | A - Grant | $0.00 | +160.0K | 342.6K | +88% | $0 |
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 | 2023-06-23 | A | A | 160,000 | $0.00 | 342,645 | D | — | — | (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. (F2) Amount of securities has been adjusted to reflect the 10:1 reverse stock split that occurred on June 7, 2023. |