Holtz David L 4
4 · Wheels Up Experience Inc. · Filed Feb 28, 2025
Insider Transaction Report
Form 4
Holtz David L
Chief Operating Officer
Transactions
- Tax Payment
Class A Common Stock, par value $0.0001 per share
2025-02-26$1.20/sh−12,711$15,253→ 589,696 total - Award
Class A Common Stock, par value $0.0001 per share
2025-02-26+338,542→ 928,238 total
Footnotes (2)
- [F1]Represents shares withheld for payment of tax liability arising as a result of the vesting of restricted stock units ("RSUs") originally reported by the Reporting Person in a Form 4 filed with the United States Securities and Exchange Commission on June 7, 2024.
- [F2]Represents a grant of RSUs pursuant to Rule 16b-3(d) under the Securities Exchange Act of 1934, as amended, which will be settled in shares of the Class A common stock, par value $0.0001 per share, of Wheels Up Experience Inc. (the "Issuer") upon vesting. The RSUs will vest as follows: (i) 1/4th of the RSUs will vest on February 26, 2026; and (ii) the remaining RSUs will vest in 12 equal quarterly installments commencing May 26, 2026, in each case subject to the Reporting Person's continued service to the Issuer.