The calculation of non-controlling interests was as follows:
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June 30, 2022 |
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December 31, 2021 |
Number of WUP common units held by Wheels Up(1)
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244,274,300 |
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100.0 |
% |
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245,834,569 |
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99.2 |
% |
Number of vested WUP profits interests attributable to non-controlling interests(2)
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— |
% |
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— |
% |
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2,045,995 |
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0.8 |
% |
Total WUP common units and vested WUP profits interests outstanding |
244,274,300 |
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100.0 |
% |
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247,880,564 |
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100.0 |
% |
(1) WUP common units represent an equivalent ownership of Class A common stock outstanding.(2) Based on the closing price of Class A common stock on the last trading day of the period covered by this Quarterly Report, there would be 0 WUP common units issuable upon conversion of vested and unvested WUP profits interests outstanding as of June 30, 2022.
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