Kenneth B. Lerer - May 25, 2022 Form 4 Insider Report for Blade Air Mobility, Inc. (BLDE)

Role
Director
Signature
/s/ Melissa M. Tomkiel, Attorney-in-fact for Kenneth Lerer
Stock symbol
BLDE
Transactions as of
May 25, 2022
Transactions value $
-$3,311,916
Form type
4
Date filed
5/27/2022, 06:45 PM
Previous filing
May 19, 2022
Next filing
Jun 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLDE Class A common stock, $0.0001 par value per share Sale -$27.9K -3.93K -3.66% $7.11 103K May 25, 2022 Direct F1
transaction BLDE Class A common stock, $0.0001 par value per share Sale -$61.2K -8.6K -7.71% $7.11 103K May 25, 2022 See Footnotes F1, F2, F3
transaction BLDE Class A common stock, $0.0001 par value per share Sale -$383K -53.9K -7.71% $7.11 645K May 25, 2022 See Footnotes F1, F2, F4
transaction BLDE Class A common stock, $0.0001 par value per share Sale -$205K -28.9K -7.71% $7.11 345K May 25, 2022 See Footnotes F1, F2, F5
transaction BLDE Class A common stock, $0.0001 par value per share Sale -$331K -47K -45.46% $7.03 56.4K May 26, 2022 Direct F6
transaction BLDE Class A common stock, $0.0001 par value per share Sale -$723K -103K -100% $7.03 0 May 25, 2022 See Footnotes F2, F3, F6
transaction BLDE Class A common stock, $0.0001 par value per share Sale -$1.03M -147K -22.77% $7.01 498K May 26, 2022 See Footnotes F2, F4, F7
transaction BLDE Class A common stock, $0.0001 par value per share Sale -$551K -78.6K -22.77% $7.01 267K May 26, 2022 See Footnotes F2, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions were executed in multiple trades at prices ranging from $7.01 to $7.21, inclusive. The price reported above reflects the weighted average sale price. The Reporting Persons hereby undertake to provide upon request to the SEC, the Issuer, or a security holder of the Issuer full information regarding the number of shares sold at each separate price within the range.
F2 Kenneth Lerer disclaims beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein.
F3 Held directly by Lerer Investments II, LLC. Kenneth Lerer is Managing Member of Lerer Investments II, LLC.
F4 Held directly by Lerer Hippeau Ventures V, LP. Kenneth Lerer is the Managing Member of Lerer Hippeau Ventures V GP, LLC, the general partner of Lerer Hippeau Ventures V, L.P.
F5 Held directly by Lerer Hippeau Ventures Select Fund, LP. Kenneth Lerer is the Managing Member of Lerer Hippeau Ventures Select Fund GP, LLC, the general partner of Lerer Hippeau Ventures Select Fund, L.P.
F6 These transactions were executed in multiple trades at prices ranging from $7.00 to $7.20, inclusive. The price reported above reflects the weighted average sale price. The Reporting Persons hereby undertake to provide upon request to the SEC, the Issuer, or a security holder of the Issuer full information regarding the number of shares sold at each separate price within the range.
F7 These transactions were executed in multiple trades at prices ranging from $6.915 to $7.240, inclusive. The price reported above reflects the weighted average sale price. The Reporting Persons hereby undertake to provide upon request to the SEC, the Issuer, or a security holder of the Issuer full information regarding the number of shares sold at each separate price within the range.