Amir Cohen - Mar 8, 2024 Form 4 Insider Report for Blade Air Mobility, Inc. (BLDE)

Signature
/s/ Melissa M. Tomkiel, Attorney-in-fact for Amir Cohen
Stock symbol
BLDE
Transactions as of
Mar 8, 2024
Transactions value $
$0
Form type
4
Date filed
3/12/2024, 06:01 PM
Previous filing
Dec 15, 2023
Next filing
Mar 15, 2024

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 +8.53K +8.6% $0.00 108K Mar 8, 2024 Direct F1
* 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. All of the RSUs will vest on April 1, 2024, subject to the Reporting Person's continued service to the Issuer.

Remarks:

The RSUs represent a partial payout of awards in lieu of cash payments under the Issuer's 2023 Short-Term Incentive Plan (the "2023 STIP"). As the RSUs reflect awards that would otherwise be payable to the Reporting Person in immediately payable cash under the 2023 STIP, all of the RSUs will vest on April 1, 2024, subject to the Reporting Person's continued service to the Issuer.