Company: UP
Filing Date: 2025-04-01
Form Type: PRE 14A
Source: 0001140361-25-011647
Chunk: 204

Company: Wheels Up Experience Inc.
Filing Date: 2025-04-01
Form: PRE 14A
Chunk 204
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 series thereof then outstanding) by the affirmative vote of the holders of capital stock representing a majority of the voting power of all the then-outstanding shares of capital stock of the Corporation entitled to vote thereon, irrespective of the provisions of Section 242(b)(2) of the DGCL, and no vote of the holders of Class A Common Stock or Preferred Stock voting separately as a class shall be required therefor, unless a vote of any such holder is required pursuant to this Amended and Restated Certificate of Incorporation (this “Certificate of Incorporation”) or any Preferred Stock Designation (as defined below) designating a series of Preferred Stock. |

| (b) | Immediately after the close of trading on The New York Stock Exchange (the “NYSE”) on [•] (the “Effective Time”), each [•]3shares of Class A Common Stock issued and outstanding or held by the Corporation in treasury immediately prior to the Effective Time will be reclassified and combined into [•]4issued, fully paid and nonassessable share of Class A Common Stock, without any action required on the part of the Corporation or the holders of such Class A Common Stock. In addition, the number of authorized shares of Class A Common Stock shall be contemporaneously reduced proportionally such that the total number of authorized shares of capital stock and Class A Common Stock shall be as set forth inSection 4.1(a)hereof. No fractional shares of Class A Common Stock will be issued in connection with the reclassification and combination of shares of Class A Common Stock pursuant to thisSection 4.1(b). Stockholders who otherwise would be entitled to receive |

| 1 | To be equal to the sum of 25,000,000, plus the as-reduced number of authorized shares of Class A Common Stock set forth in clause (i) of this sentence. |

| 2 | To be reduced proportionately from 1,500,000,000 to reflect the final ratio determined by the Board of Directors within the range approved by the Company’s stockholders. |

| 3 | To reflect the final ratio determined by the Board of Directors within the range approved by the Corporation’s stockholders. |

| 4 | To reflect the final ratio determined by the Board of Directors within the range approved by the Corporation’s stockholders. |

| Wheels Up Experience Inc.Proxy Statement and Notice of 2025 Annual Meeting of StockholdersD-1 |

TABLE OF CONTENTS

fractional shares of Class A Common Stock shall be