Timothy M. Armstrong - Jun 10, 2025 Form 4 Insider Report for Wheels Up Experience Inc. (UP)

Role
Director
Signature
/s/ Mark Sorensen as attorney-in-fact for Timothy M. Armstrong
Stock symbol
UP
Transactions as of
Jun 10, 2025
Transactions value $
$0
Form type
4
Date filed
6/11/2025, 08:00 PM
Previous filing
Jun 7, 2024
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Armstrong Timothy M Director C/O WHEELS UP EXPERIENCE INC., 2135 AMERICAN WAY, CHAMBLEE /s/ Mark Sorensen as attorney-in-fact for Timothy M. Armstrong 2025-06-11 0001476604

Transactions Table

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 Award $0 +115K +61.34% $0.00 303K Jun 10, 2025 Direct F1
holding UP Class A Common Stock, par value $0.0001 per share 900 Jun 10, 2025 Held by Armstrong Family Investment, LLC F2
holding UP Class A Common Stock, par value $0.0001 per share 101K Jun 10, 2025 Held by Polar Capital Group, LLC F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units ("RSUs") on June 10, 2025 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 in four equal quarterly installments on each of (i) September 10, 2026, (ii) December 10, 2025, (iii) March 10, 2026, and (iv) upon the earlier to occur of (a) June 10, 2026 or (b) the date of the next annual meeting of stockholders of the Issuer following June 10, 2025, in each case subject to the Reporting Person's continued service to the Issuer.
F2 The shares are held indirectly by an entity controlled by the Reporting Person.