| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UP | Class A Common Stock, par value $0.0001 per share | Tax liability | -$24.6K | -20.5K | -2.93% | $1.20 | 680K | Feb 26, 2025 | Direct | F1 |
| transaction | UP | Class A Common Stock, par value $0.0001 per share | Award | $0 | +439K | +64.6% | $0.00 | 1.12M | Feb 26, 2025 | Direct | F2, F3 |
| Id | Content |
|---|---|
| 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 ("Common Stock"), 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. |
| F3 | The purpose of this amendment is to correct the number of RSUs granted to the Reporting Person on February 26, 2025, which were originally reported by the Reporting Person on a Form 4 filed on February 28, 2025 (the "Original Form 4"). The number of shares of Common Stock reported in the second row of Table I of the Original Form 4 have been revised as follows: (i) in Column 4, revised to 439,454 shares from 366,212 shares; and (ii) in Column 5, revised to 1,119,688 shares from 1,046,446 shares. There are no other changes to the Original Form 4. |