Home > Insider Trading > Filing (0001104659-22-068146)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1819516	Wheels Up Experience Inc.	UP	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1438262	J. David Adelman	C/O Wheels Up Experience Inc., 601 West 26Th Street New York NY 10001		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock, Par Value $0.0001 Per Share	Acquisiton	2022-06-01	250,000	$2.60	850,000	No	4	P	Indirect	Held by Darco Capital LP
Class A Common Stock, Par Value $0.0001 Per Share	Acquisiton	2022-06-02	62,950	$0.00	80,450	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	Held by Darco Capital LP
No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock, Par Value $0.0001 Per Share	1,071,851	Indirect	Held by Darco Wheels Up LLC

Footnotes

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.
The shares are held indirectly by an entity controlled by the Reporting Person.
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.