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Wheels Up Experience Inc. — Director's Dealing 2021
Jul 15, 2021
31839_dirs_2021-07-15_0c3c76b0-c0e0-41a3-af13-9c4c40f947c7.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: Aspirational Consumer Lifestyle Sponsor LLC (Director)
Reporting Person: Thakran Ravi (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-07-13 | Class A Common Stock | M | 5918658 | — | Acquired | 5918658 | Direct |
| 2021-07-13 | Class A Common Stock | J | 5918658 | — | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-13 | Class B ordinary share | $ | M | 5918658 | Disposed | Class A Common Stock (5918658) | Direct |
Footnotes
F1: On July 13, 2021, Aspirational Consumer Lifestyle Corp. ("ASPL" and the former name of the Issuer) consummated its initial business combination (the "Business Combination") with Wheels Up Partners Holdings LLC. In connection with the consummation of the Business Combination, each share of Class B ordinary share, par value $0.0001 per share, of ASPL automatically converted into one share of the Issuer's Class A common stock, par value $0.0001 per share.
F2: Following the consummation of the Business Combination, Aspirational Consumer Lifestyle Sponsor LLC (the "Sponsor") distributed its shares of the Issuer's Class A common stock received in connection with the Business Combination to its members on a pro rata basis, including 1,764,004 shares distributed to Mr. Ravi Thakran.