Form 4 for UP Wheels Up Experience Inc.
Accepted 2024-01-24 00:00:00 ET · period of report 2024-01-22 · accession 0001104659-24-006335 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-01-24 | 2024-01-22 | UP | Adelman David J. | Dir | A - Grant | $0.00 | +92.6K | 100.6K | +1,151% | $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 | 2024-01-22 | A | A | 92,593 | $0.00 | 100,638 | D | — | — | (F1) Represents a grant of Restricted Stock Units ("RSUs"), 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 full upon the earlier to occur of (i) January 22, 2025 or (ii) the date of the next annual meeting of stockholders of the Issuer following January 22, 2024, in each case 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. |