AI assistant
Wheels Up Experience Inc. — Director's Dealing 2021
Sep 21, 2021
31839_dirs_2021-09-21_947aa8d9-ee9f-476d-8741-f84d648fea97.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Wheels Up Experience Inc. (UP)
CIK: 0001819516
Period of Report: 2021-09-17
Reporting Person: Hegde Vinayak (Chief Marketplace Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-17 | Class A Common Stock, par value $0.0001 per share | A | 258735 | $0.00 | Acquired | 258735 | Direct |
| 2021-09-17 | Class A Common Stock, par value $0.0001 per share | A | 460392 | $0.00 | Acquired | 719127 | Direct |
Footnotes
F1: Represents a grant of Restricted Stock Units ("RSUs"), which will be settled in shares of the Class A Common Stock of Wheels Up Experience Inc. upon vesting. The RSUs will vest in three equal installments on September 17, 2022, September 17, 2023 and September 17, 2024, subject to the Reporting Person's continued service to the Issuer.
F2: Represents a grant of RSUs, which will be settled in shares of the Class A Common Stock of Wheels Up Experience Inc. upon vesting. The RSUs will vest as follows: 1/6th will vest on November 5, 2021, while the remaining RSUs will vest and become exercisable in 10 equal quarterly installments of 1/12th of the RSUs each, commencing on February 5, 2022, subject to the Reporting Person's continued service to the Issuer.