{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-07-11T14:50:11.129638+00:00","company":{"ticker":"UP","cik":1819516,"company_name":"Wheels Up Experience Inc."},"pagination":{"limit":100,"returned":100,"next_cursor":"2022-06-23T23:59:59+00:00|209127"},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"Delta Air Lines, Inc.","detail":"credit_facility","count":6,"first_seen":"2023-08-14T23:59:59+00:00","last_seen":"2026-05-26T10:57:34+00:00","evidence_fact_ids":[93121,112970,114649,117849,117850,119739]},{"display_name":"Delta Air Lines, Inc., CK Wheels LLC, Cox Investment Holdings, Inc.","detail":"credit_facility","count":2,"first_seen":"2023-09-21T23:59:59+00:00","last_seen":"2023-09-21T23:59:59+00:00","evidence_fact_ids":[112274,112275]},{"display_name":"Lead Lenders","detail":"credit_facility","count":2,"first_seen":"2026-06-01T10:56:21+00:00","last_seen":"2026-06-01T10:56:21+00:00","evidence_fact_ids":[82688,82689]},{"display_name":"UMB Bank, N.A., a national banking organization, not in its individual capacity but solely as owner trustee","detail":"asset_purchase","count":1,"first_seen":"2025-12-23T23:59:59+00:00","last_seen":"2025-12-23T23:59:59+00:00","evidence_fact_ids":[79310]},{"display_name":"Whitebox Multi-Strategy Partners, LP, Whitebox Relative Value Partners, LP, Pandora Select Partners, LP, Whitebox GT Fund, LP and Kore Fund Ltd","detail":"credit_facility","count":1,"first_seen":"2023-11-16T23:59:59+00:00","last_seen":"2023-11-16T23:59:59+00:00","evidence_fact_ids":[92658]},{"display_name":"Wilmington Trust, National Association, Wheels Up Class B-1 Loan Trust 2024-1","detail":"credit_facility","count":1,"first_seen":"2026-05-26T10:57:34+00:00","last_seen":"2026-05-26T10:57:34+00:00","evidence_fact_ids":[93122]},{"display_name":"Wilmington Trust, National Association; Wheels Up Class A-1 Loan Trust 2022-1; lenders party to the Loan 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March 31, 2036","proposal_type":"equity_plan","results":[{"broker_non_votes":"39,845,045","subject":null,"votes_abstain":"81,473","votes_against":"2,788,304","votes_for":"504,934,147","votes_withheld":null}]},"claim":"Wheels Up Experience Inc. shareholders approved Approval of LTIP Amendment to increase shares available under A&R 2021 LTIP and extend termination date to March 31, 2036 at the 2026-06-09 meeting.","evidence_excerpt":"The Stockholders voted to approve the LTIP Amendment to increase the aggregate number of shares of Common Stock of the Company available for awards made under the A&R 2021 LTIP and extend the termination date of such plan to March 31, 2036: Votes For Votes Against Abstentions Broker Non-Votes 504,934,147 2,788,304 81,473 39,845,045","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-26-042215","anchor_url":"https://secwatch.observer/filing/0001628280-26-042215#claim-b4d121671311ddddf9f923204330232ce265a7da","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1819516/000162828026042215/0001628280-26-042215-index.htm"},{"fact_type":"shareholder_vote","fact_key":"1b980f31042131de48f6aa1aac192454a74c0fc5","cik":1819516,"ticker":"UP","company_name":"Wheels Up Experience Inc.","filed_at":"2026-06-10T20:16:32+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-09","outcome":"passed","proposal_text":"Ratification of Grant Thornton LLP as independent registered public accounting firm for fiscal year ending December 31, 2026","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"587,022","votes_against":"3,043,148","votes_for":"544,018,799","votes_withheld":null}]},"claim":"Wheels Up Experience Inc. shareholders approved Ratification of Grant Thornton LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-06-09 meeting.","evidence_excerpt":"The Stockholders voted to ratify, on a non-binding, advisory basis, the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026: Votes For Votes Against Abstentions 544,018,799 3,043,148 587,022","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-26-042215","anchor_url":"https://secwatch.observer/filing/0001628280-26-042215#claim-1b980f31042131de48f6aa1aac192454a74c0fc5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1819516/000162828026042215/0001628280-26-042215-index.htm"},{"fact_type":"shareholder_vote","fact_key":"e10d0c734ae48086cb481ce1d8056872eeeadd68","cik":1819516,"ticker":"UP","company_name":"Wheels Up Experience Inc.","filed_at":"2026-06-10T20:16:32+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-09","outcome":"passed","proposal_text":"Non-binding advisory vote to approve named executive officer compensation for fiscal year ended December 31, 2025","proposal_type":"say_on_pay","results":[{"broker_non_votes":"39,845,045","subject":null,"votes_abstain":"166,988","votes_against":"2,937,327","votes_for":"504,699,609","votes_withheld":null}]},"claim":"Wheels Up Experience Inc. shareholders approved Non-binding advisory vote to approve named executive officer compensation for fiscal year ended December 31, 2025 at the 2026-06-09 meeting.","evidence_excerpt":"The Stockholders voted to approve the non-binding, advisory vote to approve named executive officer compensation for the fiscal year ended December 31, 2025: Votes For Votes Against Abstentions Broker Non-Votes 504,699,609 2,937,327 166,988 39,845,045","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-26-042215","anchor_url":"https://secwatch.observer/filing/0001628280-26-042215#claim-e10d0c734ae48086cb481ce1d8056872eeeadd68","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1819516/000162828026042215/0001628280-26-042215-index.htm"},{"fact_type":"shareholder_vote","fact_key":"d3cfff17d5fb5dd2405a4adba0f5c433e1edfe70","cik":1819516,"ticker":"UP","company_name":"Wheels Up Experience Inc.","filed_at":"2026-06-10T20:16:32+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-06-09","outcome":"passed","proposal_text":"Election of four Class II directors","proposal_type":"director_election","results":[{"broker_non_votes":"39,845,045","subject":"Andrew Davis","votes_abstain":null,"votes_against":null,"votes_for":"506,447,451","votes_withheld":"1,356,473"},{"broker_non_votes":"39,845,045","subject":"Roger 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(effective 2026-05-29).","evidence_excerpt":"On the Closing Date, the Company entered into Amendment No. 4 to Credit Agreement (“Amendment No. 4”), by and among the Company, as borrower, the Guarantors, each of the Lead Lenders, and the Agent, pursuant to which, among other things, certain conforming amendments were made to (a) permit the incurrence of the 2026 Term Loan and reflect its terms, and (b) further reflect the Series B Revolving Equipment Notes Facility (as defined in the Company’s Current Report on Form 8-K filed with the SEC on May 26, 2026 ) that closed on May 21, 2026 as senior secured indebtedness and constitute EETC Obligations (as defined in the 2023 Credit 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$100.0 million (effective 2026-05-29).","evidence_excerpt":"On May 29, 2026 (the “Closing Date”), the Company entered into a Credit Agreement (the “2026 Credit Agreement”), by and among the Company, as borrower (in such capacity, the “Borrower”), certain subsidiaries of the Company as guarantors (the “Guarantors” and, collectively with the Borrower, the “Loan Parties”), each of the Lead Lenders, and U.S. Bank Trust Company, N.A., as administrative agent (the “Agent”), pursuant to which the Lead Lenders provided the Initial 2026 Term Loan, the net proceeds of which were received by the Company on the Closing 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entered into Amendment No. 4 to Credit Agreement (\"Amendment No. 4\"), by and among the Company, as borrower, the Guarantors, each of the Lead Lenders, and the Agent, pursuant to which, among other things, certain conforming amendments were made to (a) permit the incurrence of the 2026 Term Loan and reflect its terms, and (b) further reflect the Series B Revolving Equipment Notes Facility (as defined in the Company's Current Report on Form 8-K filed with the SEC on May 26, 2026 ) that closed on May 21, 2026 as senior secured indebtedness and constitute EETC Obligations (as defined in the 2023 Credit 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On May 29, 2026 (the “Closing Date”), the Company entered into a Credit Agreement (the “2026 Credit Agreement”), by and among the Company, as","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001628280-26-039275","anchor_url":"https://secwatch.observer/filing/0001628280-26-039275#claim-df09144bc8a1acd95d7e1a15d1214660a628f036","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1819516/000162828026039275/0001628280-26-039275-index.htm"},{"fact_type":"material_agreement","fact_key":"129d63e504a3c4fabe70ab472a9b50c577848103","cik":1819516,"ticker":"UP","company_name":"Wheels Up Experience Inc.","filed_at":"2026-05-26T10:57:34+00:00","payload":{"action":"entry","agreement_name":"Series B Revolving Equipment Notes Facility","agreement_type":"credit_facility","counterparty":"Wilmington Trust, National Association (as subordination agent and trustee), Wheels Up Class B-1 Loan Trust 2024-1","effective_date":"2026-05-21","item_codes_triggered":["1.01"],"value_text":"$68.0 million Series B Revolving Equipment Notes Facility; net proceeds of approximately $64.3 milli"},"claim":"Wheels Up Experience Inc. entered into Series B Revolving Equipment Notes Facility with Wilmington Trust, National Association (as subordination agent and trustee), Wheels Up Class B-1 Loan Trust 2024-1 valued at $68.0 million Series B Revolving Equipment Notes Facility; net proceeds of approximately $64.3 milli (effective 2026-05-21).","evidence_excerpt":"the Series B NPA provides for the issuance from time to time by WUP LLC of Series B-1 equipment notes (collectively, the “Series B Revolving Equipment Notes”) in the aggregate principal amount not to exceed $68.0 million (the “Series B Commitment Amount” and, such facility, the “Series B Revolving Equipment Notes Facility”), of which all $68.0 million aggregate principal amount of Series B Revolving Equipment Notes were issued on the Closing Date.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001104659-26-065982","anchor_url":"https://secwatch.observer/filing/0001104659-26-065982#claim-129d63e504a3c4fabe70ab472a9b50c577848103","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1819516/000110465926065982/0001104659-26-065982-index.htm"},{"fact_type":"material_agreement","fact_key":"b38abc5ac177264786b9eed615084ac113c6e244","cik":1819516,"ticker":"UP","company_name":"Wheels Up Experience Inc.","filed_at":"2026-05-26T10:57:34+00:00","payload":{"action":"amendment","agreement_name":"Amendment No. 4 to Investment and Investor Rights Agreement","agreement_type":"other","counterparty":"Delta Air Lines, Inc.","effective_date":"2026-05-23","item_codes_triggered":["1.01"],"value_text":"Extension of lock-up restriction on Delta's shares through May 22, 2027; extension of deadline for f"},"claim":"Wheels Up Experience Inc. amended Amendment No. 4 to Investment and Investor Rights Agreement with Delta Air Lines, Inc. valued at Extension of lock-up restriction on Delta's shares through May 22, 2027; extension of deadline for f (effective 2026-05-23).","evidence_excerpt":"On May 23, 2026 (the “Amendment Date”), Wheels Up Experience Inc. (the “Company”) entered into Amendment No. 4 to Investment and Investor Rights Agreement (the “Investor Rights Agreement Amendment”), with Delta Air Lines, Inc. (“Delta”) to amend and extend certain transfer restrictions set forth in the Investment and Investor Rights Agreement, dated September 20, 2023, by and among, the Company, Delta and each of CK Wheels LLC (“CK Wheels”), Cox Investment Holdings, LLC (“CIH” and, collectively with Delta and CK Wheels, the “Lead Lenders”), Kore Air LLC, Pandora Select Partners, L.P., Whitebox GT Fund, LP, Whitebox Multi-Strategy Partners, L.P., and Whitebox Relative Value Partners, L.P. 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