Kenneth B. Lerer - Aug 20, 2021 Form 4 Insider Report for Blade Air Mobility, Inc. (BLDE)

Role
Director
Signature
/s/ Melissa M. Tomkiel, as attorney-in-fact for Kenneth B. Lerer
Stock symbol
BLDE
Transactions as of
Aug 20, 2021
Transactions value $
$0
Form type
4
Date filed
8/20/2021, 05:59 PM
Previous filing
May 17, 2021
Next filing
May 19, 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 Award $0 +45K +88.35% $0.00 96K Aug 20, 2021 Direct F1
holding BLDE Class A common stock, $0.0001 par value per share 112K Aug 20, 2021 See Footnotes F2, F5
holding BLDE Class A common stock, $0.0001 par value per share 374K Aug 20, 2021 See Footnotes F3, F5
holding BLDE Class A common stock, $0.0001 par value per share 699K Aug 20, 2021 See Footnotes F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of Restricted Stock Units ("RSUs"), which will be settled in shares of the Issuer's common stock upon vesting. 12,863 of the RSUs will vest on a basis of 25% each three months measured from May 7, 2021, subject to the Reporting Person's continued service to the Company through the applicable vesting date or the end of the Reporting Person's current term as a director of the Issuer. The remaining RSUs will vest on May 7, 2023, subject to the Reporting Person's continued service to the Issuer through the earlier of (i) the end of the Reporting Person's current term as a director and (ii) May 7, 2023.
F2 Held directly by Lerer Investments II, LLC. Kenneth Lerer is Managing Member of Lerer Investments II, LLC.
F3 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.
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 Kenneth Lerer disclaims beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein.