4//SEC Filing
Knighthead Opportunities Capital Management, LLC 4
Accession 0000950103-23-016446
CIK 0001819516other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 5:36 PM ET
Size
11.4 KB
Accession
0000950103-23-016446
Insider Transaction Report
Form 4
CK Opportunities GP, LLC
10% Owner
Transactions
- Purchase
Common Stock
2023-11-15+197,606,206→ 258,169,208 total
CK Wheels LLC
10% Owner
Transactions
- Purchase
Common Stock
2023-11-15+197,606,206→ 258,169,208 total
Certares Opportunities LLC
10% Owner
Transactions
- Purchase
Common Stock
2023-11-15+197,606,206→ 258,169,208 total
Transactions
- Purchase
Common Stock
2023-11-15+197,606,206→ 258,169,208 total
Footnotes (2)
- [F1]On November 15, 2023 (the "Closing Date"), Wheels Up Experience Inc. (the "Issuer") issued to CK Wheels LLC ("CK Wheels") 197,606,206 shares of the Issuer's Class A common stock, par value $0.0001 per share, pursuant to the terms of that certain Investment and Investor Rights Agreement, dated September 20, 2023 and amended as of the Closing Date, by and among the Issuer, the Reporting Person and certain other investors party thereto (collectively with CK Wheels, the "Investors"), in consideration of the extension of credit under that certain Credit Agreement, dated September 20, 2023 and amended as of the Closing Date, by and among the Issuer, as borrower, certain subsidiaries of the Issuer as guarantors, and the Investors party thereto.
- [F2]The reported securities are directly held by CK Wheels, for which CK Opportunities GP, LLC ("CK GP") is the sole voting member. CK GP is indirectly owned 47.5% by affiliates of Certares Opportunities LLC and 47.5% by affiliates of Knighthead Opportunities Capital Management, LLC.
Documents
Issuer
Wheels Up Experience Inc.
CIK 0001819516
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001994746
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 5:36 PM ET
- Size
- 11.4 KB