Experience Sponsor LLC - 20 Jan 2022 Form 4 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
Issuer symbol: BLDE
Transactions as of: 20 Jan 2022
Net transactions value: $0
Form type: 4
Filing time: 24 Jan 2022, 05:01:37 UTC
Previous filing: 11 May 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BLDE	Class A Common Stock	Other		-6,875,000	-100%		0	20 Jan 2022	Direct	F1, F2, F4
holding	BLDE	Class A Common Stock						7,923,000	20 Jan 2022	Direct	F3, F4, F5

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
transaction	BLDE	Private Placement Warrants	Other		-5,000,000	-100%		0	20 Jan 2022	Class A Common Stock	5,000,000	$11.50	Direct	F1, F2, F4, F6
holding	BLDE	Private Placement Warrants						4,500,000	20 Jan 2022	Class A Common Stock	4,500,000	$11.50	Direct	F3, F4, F5, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On January 20, 2022, Experience Sponsor LLC made an in-kind distribution of shares of Class A common stock and Private Placement Warrants to certain persons, and following such distribution, Experience Sponsor LLC no longer holds any securities of the Issuer.
F2	Reflects securities held directly by Experience Sponsor LLC.
F3	Reflects securities held directly by Steele ExpCo Holdings, LLC.
F4	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 and Steele ExpCo Holdings, LLC. 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 and Steele ExpCo Holdings, 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.
F5	Includes 5,918,000 shares of Class A common stock and 4,500,000 Private Placement Warrants received by Steele ExpCo Holdings, LLC in the distribution described in footnote (1) above.
F6	Each warrant is exercisable for one share of Class A common stock at an exercise price of $11.50 per share, subject to certain adjustments. The warrants are currently exercisable.