Eric Cabezas - 18 May 2022 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Role
Interim CFO
Signature
/s/ Mark Sorensen as attorney-in-fact for Eric Cabezas
Issuer symbol
UP
Transactions as of
18 May 2022
Net transactions value
$0
Form type
4
Filing time
20 May 2022, 21:14:31 UTC
Next filing
11 Sep 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UP Class A Common Stock, par value $0.0001 per share Award $0 +50,000 +61% $0.000000 132,581 18 May 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of Restricted Stock Units ("RSUs") pursuant to Rule 16b-3(d), which will be settled in shares of the Class A Common Stock of the Issuer upon vesting. The RSUs will vest in three equal installments on May 18, 2023, 2024 and 2025, subject to the Reporting Person's continued service to the Issuer.