Company: UP
Filing Date: 2025-04-01
Form Type: PRE 14A
Source: 0001140361-25-011647
Chunk: 165

Company: Wheels Up Experience Inc.
Filing Date: 2025-04-01
Form: PRE 14A
Chunk 165
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 purpose of the Summary Compensation Table. |

| (2) | No amounts are shown for 2024 and 2022, because Mr. Smith did not serve as PEO at any point during such periods. For 2023, represents amounts forMr. Smith, who served as our interim PEO from May 9, 2023 to October 2, 2023, calculated as required for the purpose of the Summary Compensation Table. Amounts for 2024 and 2022 for Mr. Smith, who after his service as our PEO for a portion of 2023 continued to serve as Chief Financial Officer from October 2, 2023 to September 6, 2024 and is a non-PEO NEO for 2024, are included in the averages reported in columns titled “Average Summary Compensation Table Total for non-PEO NEOs” and “Average Compensation Actually Paid to non-PEO NEOs.” |

| (3) | For 2024 and 2023, represents amounts forMr. Mattson, who has served as our PEO since October 2, 2023, calculated as required for the purpose of the Summary Compensation Table. No amounts are shown for 2022, because Mr. Mattson did not serve as PEO at any point during such period. |

| (4) | CAP, as calculated in accordance with SEC rules, does not fully represent the actual final amount of compensation earned or actually paid during the applicable years. No amounts are shown for 2024, because Mr. Dichter did not serve as PEO at any point during such period. The adjustments made to total compensation for 2023 and 2022 to determine CAP for Mr. Dichter, which include, among other things, unpaid amounts of equity incentive compensation that were realizable in future periods, are shown in the tables below and were calculated pursuant to applicable SEC rules. |

| Year |     |      Summary 
 Compensation 
  Table Total 
          ($) |     |   |     | Grant Date Fair Value of 
           Awards Granted 
              During Year 
                   ($)(a) |     |   |     | Fair Value of CAP    
 Calculated Using SEC 
 Methodology          
 ($)(b)               |     |   |     |     CAP Total 
           ($) |
| 2024 |     |           $— |     | — |     |                       $— |     | + |     | $—                   |     | = |