ADELMAN DAVID J. purchased 41.7% of their position (250K shares) of WHEELS UP EXPERIENCE INC. on the open market
Open‑market purchase worth $648.8K — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 6/3/2022ACC: 0001104659-22-068146
Director
Since Jul 2021
+312.95K
Net shares
Net buyer
$648.8K
Total acquired
1
Open market trades
1B · 0S
2
Total transactions
312.95K acquired
Non-Derivative Transactions2
Class A Common Stock, par value $0.0001 per share
Indirect
Shares
+250K
Price / share
$2.60
Trade value
$648.83K
% of position
41.7%
6/1/2022
600K→850K
Class A Common Stock, par value $0.0001 per share
Direct
Shares
+62.95K
Price / share
—
Trade value
—
% of position
359.7%
6/2/2022
17.50K→80.45K
Total
Net shares
+312.95K
Net value
$648.83K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.0001 per share Indirect | 6/1/2022 | P · Purchase | +250K | $2.60 | $648.83K | 41.7% | 600K | 850K |
| Class A Common Stock, par value $0.0001 per share Direct | 6/2/2022 | A · Award | +62.95K | — | — | 359.7% | 17.50K | 80.45K |
| Total | +312.95K | $648.83K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)1
Class A Common Stock, par value $0.0001 per share
IndirectShares owned1.07M
Total
1.07M indirect1.07M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Common Stock, par value $0.0001 per share | 1.07M | Indirect |
| Total | 1.07M | 1.07M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported