Scott M. Wunsch - 08 Nov 2024 Form 4/A - Amendment Insider Report for Blade Air Mobility, Inc. (BLDE)

Signature
/s/ Melissa M. Tomkiel, Attorney-in-fact for Scott M. Wunsch
Issuer symbol
BLDE
Transactions as of
08 Nov 2024
Net transactions value
-$97,426
Form type
4/A - Amendment
Filing time
17 Mar 2025, 16:17:33 UTC
Date Of Original Report
11 Dec 2024
Previous filing
13 Sep 2024
Next filing
11 Dec 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 +6,810 +2.4% $0.000000 291,772 08 Nov 2024 Direct F1
transaction BLDE Class A common stock, $0.0001 par value per share Tax liability $97,426 -20,641 -7.1% $4.72 271,131 11 Dec 2024 Direct F2, F3
holding BLDE Class A common stock, $0.0001 par value per share 382,987 08 Nov 2024 See Footnotes F4
* 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 March 8, 2025, subject to the Reporting Person's continued service to the Issuer. The RSUs represent an award under the Reporting Person's Quarterly commission program. As the RSUs reflect awards that would otherwise be payable to the Reporting Person in immediately payable cash under such quarterly commission program, all of the RSUs will vest on March 8, 2025, subject to the Reporting Person's continued service to the Issuer.
F2 Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
F3 On December 11, 2024, the reporting person filed a Form 4 which inadvertently reported in column 5 of Table I that, following the withholding of 20,641 shares by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units, the reporting person directly beneficially owned 264,321 shares. In fact, as reported in this amendment, the reporting person inadvertently failed to disclose a grant of 6,810 restricted stock units by the Issuer to the reporting person on November 7, 2024. As such, the reporting person actually directly beneficially owned 271,131 shares following the withholding of 20,641 shares on December 11, 2024. As a result, the original Form 4 mistakenly understated the reporting person's direct beneficial ownership by 6,810 shares.
F4 Held directly by a limited liability company of which the Reporting Person is the sole member.