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Wheels Up Experience Inc. — Director's Dealing 2021
Jul 16, 2021
31839_dirs_2021-07-15_7597e8e6-7427-4ef8-b4d5-af8bd5fbc713.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Wheels Up Experience Inc. (UP)
CIK: 0001819516
Period of Report: 2021-07-13
Reporting Person: Molinari Francesca (Chief People Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-13 | Stock Option (right to buy) | $8.69 | A | 345294 | Acquired | Class A Common Stock, par value $0.0001 per share (345294) | Direct |
Footnotes
F1: Received in connection with Aspirational Consumer Lifestyle Corp.'s ("Aspirational") business combination transaction with Wheels Up Partners Holdings LLC ("Legacy Wheels Up") in accordance with the terms of the Agreement and Plan of Merger, dated as of February 1, 2021, as amended on May 6, 2021, by and among, inter alia, Aspirational, KittyHawk Merger Sub LLC and Legacy Wheels Up.
F2: 25% of the shares subject to the stock option vested as of the closing of the Business Combination, and the remaining 75% will vest in equal installments on September 12, 2021, September 12, 2022 and September 12, 2023.