KENNETH B. LERER - 18 May 2022 Form 4 Insider Report for Blade Air Mobility, Inc. (BLDE)

Role
Director
Signature
/s/ Melissa M. Tomkiel, Attorney-in-fact for Kenneth Lerer
Issuer symbol
BLDE
Transactions as of
18 May 2022
Net transactions value
$0
Form type
4
Filing time
19 May 2022, 13:45:33 UTC
Previous filing
20 Aug 2021
Next filing
27 May 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 +11,404 +12% $0.000000 107,386 18 May 2022 Direct F1
holding BLDE Class A common stock, $0.0001 par value per share 111,500 18 May 2022 See Footnotes F2, F3
holding BLDE Class A common stock, $0.0001 par value per share 698,901 18 May 2022 See Footnotes F2, F4
holding BLDE Class A common stock, $0.0001 par value per share 373,988 18 May 2022 See Footnotes F2, 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: 25% of the RSUs (rounded down to the nearest whole number) to become vested every three months measured from May 7, 2022, with the remainder to become vested on May 7, 2023, such that the RSUs become 100% vested on May 7, 2023.
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.