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Wheels Up Experience Inc. — Director's Dealing 2025
Mar 1, 2025
31839_dirs_2025-02-28_5850e29a-01ce-4e69-a214-c7946994c1c5.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: 2025-02-26
Reporting Person: Cabezas Eric (Interim CFO)
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 | 8866 | $1.20 | Disposed | 313116 | Direct |
| 2025-02-26 | Class A Common Stock, par value $0.0001 per share | A | 250652 | — | Acquired | 563768 | Direct |
Footnotes
F1: Represents shares withheld for payment of tax liability arising as a result of the vesting of restricted stock units which were originally reported by the Reporting Person in a Form 3 filed with the United States Securities and Exchange Commission on September 11, 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, 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.