Bergeson Thomas William 4
4 · Wheels Up Experience Inc. · Filed Jul 15, 2021
Insider Transaction Report
Form 4
Bergeson Thomas William
Chief Operating Officer
Transactions
- Award
Stock Option (right to buy)
2021-07-13+805,686→ 805,686 totalExercise: $7.56→ Class A Common Stock, par value $0.0001 per share (805,686 underlying)
Footnotes (2)
- [F1]Received in connection with Aspirational Consumer Lifestyle Corp.'s ("Aspirational") business combination transaction with Wheels Up Partners Holdings LLC ("Legacy Wheels Up") in accordance with the terms of the Agreement and Plan of Merger, dated as of February 1, 2021, as amended on May 6, 2021, by and among, inter alia, Aspirational, KittyHawk Merger Sub LLC and Legacy Wheels Up.
- [F2]50% of the shares subject to the stock option vested and became exercisable as of the closing of the Business Combination, and the remaining 50% will vest and become exercisable in equal installments on June 25, 2022 and June 25, 2023. The stock option will expire as of October 13, 2030.