4//SEC Filing
Adelman David J. 4
Accession 0001104659-22-068146
CIK 0001819516other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 5:02 PM ET
Size
8.2 KB
Accession
0001104659-22-068146
Insider Transaction Report
Form 4
Adelman David J.
Director
Transactions
- Purchase
Class A Common Stock, par value $0.0001 per share
2022-06-01$2.60/sh+250,000$648,825→ 850,000 total(indirect: Held by Darco Capital LP) - Award
Class A Common Stock, par value $0.0001 per share
2022-06-02+62,950→ 80,450 total
Holdings
- 1,071,851(indirect: By LLC)
Class A Common Stock, par value $0.0001 per share
Footnotes (3)
- [F1]The price reported in this box in Column 4 is a weighted average price. These shares were purchased in transactions at prices ranging from $2.52 to $2.65. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
- [F2]The shares are held indirectly by an entity controlled by the Reporting Person.
- [F3]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 full upon the earlier to occur of (i) June 2, 2023 or (ii) the date of the next annual meeting of stockholders of the Company following June 2, 2022, in each case subject to the Reporting Person's continued service to the Issuer.
Documents
Issuer
Wheels Up Experience Inc.
CIK 0001819516
Entity typeother
Related Parties
1- filerCIK 0001438262
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 5:02 PM ET
- Size
- 8.2 KB