Form 4/A for UP Wheels Up Experience Inc.
Accepted 2025-03-14 00:00:00 ET · period of report 2025-02-26 · accession 0001104659-25-024072 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 2025-03-14 | 2025-02-26 | UP | Briffa Mark | EVP, Charter, CEO Air Partner | F - Tax | $1.20 | -20.5K | 680.2K | -3% | -$24.6K |
| A | 2025-03-14 | 2025-02-26 | UP | Briffa Mark | EVP, Charter, CEO Air Partner | A - Grant | $0.00 | +439.5K | 1.12M | +65% | $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 | 2025-02-26 | F | D | 20,510 | $1.20 | 680,234 | 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. |
| 2 | Common | Class A Common Stock, par value $0.0001 per share | 2025-02-26 | A | A | 439,454 | $0.00 | 1,119,688 | 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 ("Common Stock"), 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. (F3) The purpose of this amendment is to correct the number of RSUs granted to the Reporting Person on February 26, 2025, which were originally reported by the Reporting Person on a Form 4 filed on February 28, 2025 (the "Original Form 4"). The number of shares of Common Stock reported in the second row of Table I of the Original Form 4 have been revised as follows: (i) in Column 4, revised to 439,454 shares from 366,212 shares; and (ii) in Column 5, revised to 1,119,688 shares from 1,046,446 shares. There are no other changes to the Original Form 4. |