Quarterly report pursuant to Section 13 or 15(d)

NON-CONTROLLING INTERESTS (Tables)

v3.21.2
NON-CONTROLLING INTERESTS (Tables)
 9 Months Ended
Sep. 30, 2021
Noncontrolling Interest [Abstract]  
Noncontrolling Interest
The calculation of non-controlling interests is as follows:
September 30, 2021 December 31, 2020
Number of LLC common units held by Wheels Up(1)
245,583,108  98.7  % 169,717,146  91.1  %
Number of vested profits interests attributable to non-controlling interests(2)
3,285,315  1.3  % 16,492,865  8.9  %
Total LLC common units and vested profits interests outstanding 248,868,423  100.0  % 186,210,011  100.0  %
(1) LLC 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, there would be 24,173,465 LLC common units issuable upon conversion of vested and unvested profits interests outstanding as of September 30, 2021.