Sec Form 4 Filing - Experience Sponsor LLC @ Blade Air Mobility, Inc. - 2021-05-07

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Experience Sponsor LLC
2. Issuer Name and Ticker or Trading Symbol
Blade Air Mobility, Inc. [ BLDE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
100 ST. PAUL STREET, SUITE 800
3. Date of Earliest Transaction (MM/DD/YY)
05/07/2021
(Street)
DENVER, CO80206
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 05/07/2021 C( 1 ) 6,875,000 A 6,875,000 D ( 2 )
Class A Common Stock 05/07/2021 P 2,005,000 A $ 10 2,005,000 D ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock ( 1 ) 05/07/2021 C( 1 ) 6,875,000 ( 1 ) ( 1 ) Class A Common Stock 6,875,000 $ 0 0 D ( 2 )
Private Placement Warrants $ 11.5 05/07/2021 A( 4 ) 5,000,000 ( 4 ) 05/07/2026 Class A Common Stock 5,000,000 $ 1.5 5,000,000 D ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Experience Sponsor LLC
100 ST. PAUL STREET, SUITE 800
DENVER, CO80206
X
RESNICK ERIC CHARLES
100 ST. PAUL STREET, SUITE 800
DENVER, CO80206
X
Signatures
/s/ Eric C. Resnick, as managing member of KSL Capital Partners V GP, LLC, the general partner of each of KSL Capital Partners V, L.P., KSL Capital Partners V-A, L.P., KSL Capital Partners V TE, L.P., KSL Capital Partners V TE-A, L.P., and 05/11/2021
Signature of Reporting Person Date
KSL Capital Partners V FF, L.P., the owners of Steele ExpCo Holdings, LLC, the managing member of Experience Sponsor LLC 05/11/2021
Signature of Reporting Person Date
/s/ Eric C. Resnick 05/11/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On May 7, 2021, BLADE Urban Air Mobility, Inc. consummated its business combination (the "Business Combination") with Experience Investment Corp. Following consummation of the Business Combination, the combined holding company changed its legal name to Blade Air Mobility, Inc. (the "Issuer"). In connection with the consummation of the Business Combination, the shares of Class B common stock automatically converted into shares of Class A common stock on a one-for-one basis.
( 2 )Reflects securities held directly by Experience Sponsor LLC.
( 3 )Reflects securities held directly by Steele ExpCo Holdings, LLC. Steele ExpCo Holdings LLC will be separately filing a Form 3.
( 4 )These Private Placement Warrants were acquired from the Issuer in connection with the Issuer's initial public offering. 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 may be exercised commencing 30 days after the consummation of the Business Combination and expire five years after consummation of the Business Combination or earlier upon redemption or liquidation.

Remarks:
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