Melissa M. Tomkiel - Dec 9, 2024 Form 4 Insider Report for Blade Air Mobility, Inc. (BLDE)

Signature
/s/ Melissa M. Tomkiel
Stock symbol
BLDE
Transactions as of
Dec 9, 2024
Transactions value $
-$273,265
Form type
4
Date filed
12/11/2024, 05:37 PM
Previous filing
Nov 29, 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 Sale -$113K -22.5K -2.12% $5.01 1.04M Dec 9, 2024 Direct F1, F2
transaction BLDE Class A common stock, $0.0001 par value per share Tax liability -$161K -34K -3.27% $4.72 1.01M Dec 11, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.06, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote to this Form 4.
F3 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.