0001104659-21-092707.txt : 20210715 0001104659-21-092707.hdr.sgml : 20210715 20210715175318 ACCESSION NUMBER: 0001104659-21-092707 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210713 FILED AS OF DATE: 20210715 DATE AS OF CHANGE: 20210715 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Applbaum Lee D. CENTRAL INDEX KEY: 0001446638 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39541 FILM NUMBER: 211093590 MAIL ADDRESS: STREET 1: 300 RADIOSHACK CIRCLE CITY: FORT WORTH STATE: TX ZIP: 76092 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Wheels Up Experience Inc. CENTRAL INDEX KEY: 0001819516 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, NONSCHEDULED [4522] IRS NUMBER: 981557048 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 601 WEST 26TH STREET STREET 2: SUITE 900 CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 1-855-359-8760 MAIL ADDRESS: STREET 1: 601 WEST 26TH STREET STREET 2: SUITE 900 CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: Aspirational Consumer Lifestyle Corp. DATE OF NAME CHANGE: 20200729 4 1 tm2122254-2_4seq1.xml OWNERSHIP DOCUMENT X0306 4 2021-07-13 0 0001819516 Wheels Up Experience Inc. UP 0001446638 Applbaum Lee D. C/O WHEELS UP EXPERIENCE INC., 601 WEST 26TH STREET NEW YORK NY 10001 0 1 0 0 Chief Marketing Officer Stock Option (right to buy) 7.56 2021-07-13 4 A 0 34529 A Class A Common Stock, par value $0.0001 per share 34529 34529 D Stock Option (right to buy) 7.56 2021-07-13 4 A 0 1150981 A Class A Common Stock, par value $0.0001 per share 1150981 1150981 D Received in connection with Aspirational Consumer Lifestyle Corp.'s ("Aspirational") business combination transaction with Wheels Up Partners Holdings LLC ("Legacy Wheels Up") in accordance with the terms of the Agreement and Plan of Merger, dated as of February 1, 2021, as amended on May 6, 2021, by and among, inter alia, Aspirational, KittyHawk Merger Sub LLC and Legacy Wheels Up. 50% of the shares subject to the stock option vested and became exercisable as of July 13, 2021, and the remaining 50% will vest and become exercisable in equal installments on June 25, 2022 and June 25, 2023. The stock option will expire on October 13, 2030. 25% of the shares subject to the stock option vested and became exercisable as of July 13, 2021, and the remaining 75% will vest in equal installments on July 15, 2021, July 15, 2022 and July 15, 2023. The stock option will expire on November 2, 2030. /s/ Mark Sorenesen as attorney-in-fact for Lee David Applbaum 2021-07-15