Dichter Kenneth H 4
4 · Wheels Up Experience Inc. · Filed Jun 10, 2022
Insider Transaction Report
Form 4
Dichter Kenneth H
Chief Executive Officer
Transactions
- Award
Class A Common Stock, par value $0.0001 per share
2022-06-08+1,600,000→ 14,753,435 total - Award
Restricted Stock Units
2022-06-08+1,615,000→ 1,615,000 totalExp: 2026-12-31→ Class A Common Stock, par value $0.0001 per share (1,615,000 underlying)
Footnotes (2)
- [F1]Represents a grant of Restricted Stock Units ("RSUs") pursuant to Rule 16b-3(d), which will be settled in shares of the Class A Common Stock of Wheels Up Experience Inc. ("Class A Common Stock") upon vesting. The RSUs will vest in three equal installments on June 8, 2023, June 8, 2024 and June 8, 2025, subject to the Reporting Person's continued service to the Issuer.
- [F2]Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs vest upon the Class A Common Stock achieving certain milestones based on a specified price per share.