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4//SEC Filing

Heltebran Laura 4

Accession 0001104659-21-092714

CIK 0001819516other

Filed

Jul 14, 8:00 PM ET

Accepted

Jul 15, 6:05 PM ET

Size

6.1 KB

Accession

0001104659-21-092714

Insider Transaction Report

Form 4
Period: 2021-07-13
Heltebran Laura
Chief Legal Officer
Transactions
  • Award

    Stock Option (right to buy)

    2021-07-13+460,392460,392 total
    Exercise: $8.69Class A Common Stock, par value $0.0001 per share (460,392 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]25% of the shares subject to the stock option vested as of the closing of the Business Combination, and the remaining 75% will vest in equal installments on September 12, 2021, September 12, 2022 and September 12, 2023. The stock option will expire on December 31, 2030.

Issuer

Wheels Up Experience Inc.

CIK 0001819516

Entity typeother

Related Parties

1
  • filerCIK 0001872261

Filing Metadata

Form type
4
Filed
Jul 14, 8:00 PM ET
Accepted
Jul 15, 6:05 PM ET
Size
6.1 KB