Form 4 for UP Wheels Up Experience Inc.
Accepted 2025-02-28 00:00:00 ET · period of report 2025-02-26 · accession 0001104659-25-019334 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-02-28 | 2025-02-26 | UP | Kedzior Brian Joseph | CHRO | A - Grant | $0.00 | +276.7K | 808.8K | +52% | $0 | |
| 2025-02-28 | 2025-02-26 | UP | Kedzior Brian Joseph | CHRO | F - Tax | $1.20 | -9,907 | 532.1K | -2% | -$11.9K |
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 | 2025-02-26 | A | A | 276,694 | $0.00 | 808,771 | D | — | — | (F2) Represents a grant of 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 as follows: (i) 1/4th of the RSUs will vest on February 26, 2026; and (ii) the remaining RSUs will vest in 12 equal quarterly installments commencing May 26, 2026, in each case subject to the Reporting Person's continued service to the Issuer. |
| 2 | Common | Class A Common Stock, par value $0.0001 per share | 2025-02-26 | F | D | 9,907 | $1.20 | 532,077 | D | — | — | (F1) Represents shares withheld for payment of tax liability arising as a result of the vesting of restricted stock units ("RSUs") originally reported by the Reporting Person in a Form 4 filed with the United States Securities and Exchange Commission on June 7, 2024. |