Mark Briffa - 01 Apr 2023 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Role: Chief Commercial Officer
Signature: /s/ Mark Sorensen as attorney-in-fact for Mark Briffa
Issuer symbol: UP
Transactions as of: 01 Apr 2023
Net transactions value: $0
Form type: 4
Filing time: 04 Apr 2023, 19:11:21 UTC
Next filing: 02 Jun 2023
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	+560,649		$0.000000	560,649	01 Apr 2023	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, par value $0.0001 per share, of Wheels Up Experience Inc. (the "Issuer") upon vesting. The RSUs will vest in three equal installments on September 9, 2023, September 9, 2024 and September 9, 2025, subject to the Reporting Person's continued service to the Issuer.

Content

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, par value $0.0001 per share, of Wheels Up Experience Inc. (the "Issuer") upon vesting. The RSUs will vest in three equal installments on September 9, 2023, September 9, 2024 and September 9, 2025, subject to the Reporting Person's continued service to the Issuer.