Form 4 for UP Wheels Up Experience Inc.
Accepted 2024-06-07 00:00:00 ET · period of report 2024-06-06 · accession 0001104659-24-069754 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-06-07 | 2024-06-06 | UP | Armstrong Timothy M | Dir | A - Grant | $0.00 | +87.1K | 187.7K | +87% | $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 | 2024-06-06 | A | A | 87,065 | $0.00 | 187,703 | D | — | — | (F1) Represents a grant of restricted stock units ("RSUs") on June 6, 2024 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 6, 2025, (ii) December 6, 2024, (iii) March 6, 2025, and (iv) upon the earlier to occur of (a) June 6, 2025 or (b) the date of the next annual meeting of stockholders of the Issuer following June 6, 2024, in each case subject to the Reporting Person's continued service to the Issuer. |