4//SEC Filing
Dichter Kenneth H 4
Accession 0001104659-23-062346
CIK 0001819516other
Filed
May 17, 8:00 PM ET
Accepted
May 18, 7:01 PM ET
Size
7.9 KB
Accession
0001104659-23-062346
Insider Transaction Report
Form 4
Dichter Kenneth H
Chief Executive Officer
Transactions
- Disposition to Issuer
Class A Common Stock, par value $0.0001 per share
2023-05-16−533,334→ 11,588,598 total - Disposition to Issuer
Restricted Stock Units
2023-05-16−1,615,000→ 0 totalExp: 2026-12-31→ Class A Common Stock, par value $0.0001 per share (1,615,000 underlying)
Footnotes (2)
- [F1]Represents the Restricted Stock Units ("RSUs") originally granted on June 8, 2022 that were forfeited by the Reporting Person effective May 16, 2023 pursuant to the terms of that certain Release and Waiver, dated as of May 9, 2023, by and among the Reporting Person, Wheels Up Experience Inc., Wheels Up Partners Holdings LLC, Wheels Up Partners LLC and Wheels Up MIP LLC (solely with respect to Section 2(b) thereof).
- [F2]Each RSU represented a contingent right to receive one share of Class A common stock, par value $0.0001 per share ("Common Stock"). The RSUs forfeited were subject to vesting upon the Common Stock achieving certain milestones based on a specified price per share.
Documents
Issuer
Wheels Up Experience Inc.
CIK 0001819516
Entity typeother
Related Parties
1- filerCIK 0001872388
Filing Metadata
- Form type
- 4
- Filed
- May 17, 8:00 PM ET
- Accepted
- May 18, 7:01 PM ET
- Size
- 7.9 KB