Filing Details

Accession Number:
0001104659-23-001432
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-01-05 16:17:09
Reporting Period:
2023-01-03
Accepted Time:
2023-01-05 16:17:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1819516 Wheels Up Experience Inc. UP Air Transportation, Nonscheduled (4522) 981557048
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1936831 Lamar Todd Smith C/O Wheels Up Experience Inc.,
601 West 26Th Street
New York NY 10001
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock, Par Value $0.0001 Per Share Disposition 2023-01-03 273,504 $1.04 1,777,778 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. Represents shares sold by the Reporting Person to cover the payment of tax liability arising as a result of the vesting of restricted stock units originally reported by the Reporting Person in a Form 4 filed with the United States Securities and Exchange Commission ("SEC") on July 6, 2022. The sales reported on this Form 4 were effected pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) promulgated under the Securities Exchange Act of 1934, as amended, which was adopted by the Reporting Person on November 30, 2022.
  2. The price reported in this box in Column 4 is a weighted average price. The shares were sold in transactions at prices ranging from $1.01 to $1.06 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price.