Experience Sponsor LLC - Sep 12, 2019 Form 3/A - Amendment Insider Report for Blade Air Mobility, Inc. (BLDE)

Role
10%+ Owner
Signature
/s/ Eric C. Resnick, as managing member of KSL Capital Partners V GP, LLC, the managing member of Steele ExpCo Holdings, LLC, the managing member of Experience Sponsor LLC
Stock symbol
BLDE
Transactions as of
Sep 12, 2019
Transactions value $
$0
Form type
3/A - Amendment
Date filed
1/24/2022, 05:00 AM
Date Of Original Report
Sep 12, 2019
Next filing
May 11, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding BLDE Class B Common Stock Sep 12, 2019 Class A Common Stock 7.19M Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As described in the issuer's registration statement on Form S-1 (File No. 333-233430) under the heading "Description of Securities--Founder Shares", the shares of Class B common stock will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights and has no expiration date.
F2 These shares represent Class B common stock held by Experience Sponsor LLC, acquired pursuant to a subscription agreement by and between Experience Sponsor LLC and the issuer. The Class B common stock owned by the reporting person includes up to 937,500 shares that are subject to forfeiture in the event the underwriters of the initial public offering of the issuer's securities do not exercise in full their over-allotment option as described in the issuer's registration statement.
F3 Steele ExpCo Holdings, LLC is the managing member of Experience Sponsor LLC and has voting and investment discretion with respect to the common stock held of record by Experience Sponsor LLC. KSL Capital Partners V GP, LLC is the managing member of Steele ExpCo Holdings, LLC and has voting and investment discretion with respect to securities held by Experience Sponsor LLC.
F4 Mr. Resnick is the managing member of KSL Capital Partners V GP, LLC. and has the voting and dispositive power of the securities held by Experience Sponsor LLC. Accordingly, Mr. Resnick may be deemed to have or share beneficial ownership of such shares. Each such person or entity disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest they may have therein, directly or indirectly.

Remarks:

This Form 3 Amendment is being filed to add Steele ExpCo Holdings, LLC as a Reporting Person.