Company: UP
Filing Date: 2025-06-11
Form Type: S-8
Source: 0001104659-25-058557
Chunk: 1

Company: Wheels Up Experience Inc.
Filing Date: 2025-06-11
Form: S-8
Chunk 1
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B) of the Securities Act. ¨

<div align='center'>EXPLANATORY NOTE</div>

Wheels Up Experience Inc.
(the “Company”) has prepared this Registration Statement on Form S-8 (this “Registration Statement”)
in accordance with the requirements of Form S-8 under the Securities Act of 1933, as amended (the “Securities Act”),
to register additional shares of the Company’s Class A common stock, $0.0001 par value per share (“Common Stock”),
approved for issuance under the Wheels Up Experience Inc. 2021 Long-Term Incentive Plan, as amended and restated April 1, 2023
(as amended from time to time, including pursuant to Amendment No. 1 and Amendment No. 2 (as each term is defined below), the
“Plan”). On April 24, 2025, the Company filed with the U.S. Securities and Exchange Commission (the “SEC”
or the “Commission”) a definitive proxy statement that included a proposal to adopt Amendment No. 2 to the Plan,
dated March 26, 2025 (“Amendment No. 2”), to increase the aggregate number of shares of Common Stock
available for awards made under the Plan by 30,000,000 shares of Common Stock and extend the termination date of the Plan to March 26, 2035.
The proposal to adopt Amendment No. 2 was approved by the Company’s stockholders at the Company’s 2025 annual meeting
of stockholders held on June 10, 2025. This Registration Statement registers the 30,000,000 additional shares of Common Stock
available for issuance under the Plan.

The 30,000,000 additional shares of Common Stock available for issuance under the Plan registered pursuant to this Registration Statement are the same class as those registered on: (i) the Registration Statement on Form S-8, which was filed with the Commission on September 17, 2021 (File No. 333-259636) (with respect to the original Wheels Up Experience Inc. 2021 Long-Term
Incentive Plan, dated as of July 13, 2021) (the “2021 Registration Statement”); (ii) the Registration Statement on Form S-8, which was filed with the Commission on June 1, 2023 (File No. 333-272347) (with respect to
the Wheels Up Experience Inc. 2021 Long