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Wheels Up Experience Inc. — Director's Dealing 2025
Mar 15, 2025
31839_dirs_2025-03-14_66a4b9e5-5bea-4416-8b2a-9ec71e55fcea.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: Wheels Up Experience Inc. (UP)
CIK: 0001819516
Period of Report: 2025-02-26
Reporting Person: Lauria Kristen (Chief Marketing Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-26 | Class A Common Stock, par value $0.0001 per share | F | 13755 | $1.20 | Disposed | 660053 | Direct |
| 2025-02-26 | Class A Common Stock, par value $0.0001 per share | A | 390625 | — | Acquired | 1050678 | Direct |
Footnotes
F1: Represents shares withheld for payment of tax liability arising as a result of the vesting of restricted stock units ("RSUs") originally reported by the Reporting Person in a Form 4 filed with the United States Securities and Exchange Commission on June 7, 2024.
F2: Represents a grant of RSUs pursuant to Rule 16b-3(d) under the Securities Exchange Act of 1934, as amended, which will be settled in shares of the Class A common stock, par value $0.0001 per share ("Common Stock"), of Wheels Up Experience Inc. (the "Issuer") upon vesting. The RSUs will vest as follows: (i) 1/4th of the RSUs will vest on February 26, 2026; and (ii) the remaining RSUs will vest in 12 equal quarterly installments commencing May 26, 2026, in each case subject to the Reporting Person's continued service to the Issuer.
F3: The purpose of this amendment is to correct the number of RSUs granted to the Reporting Person on February 26, 2025, which were originally reported by the Reporting Person on a Form 4 filed on February 28, 2025 (the "Original Form 4"). The number of shares of Common Stock reported in the second row of Table I of the Original Form 4 have been revised as follows: (i) in Column 4, revised to 390,625 shares from 325,522 shares; and (ii) in Column 5, revised to 1,050,678 shares from 985,575 shares. There are no other changes to the Original Form 4.