Blade Air Mobility (BLDE) Form 4 Blade Air Mobility / ERIC CHARLES RESNICK ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Experience Sponsor LLC

(Last) (First) (Middle)

100 ST. PAUL STREET, SUITE 800

(Street)

DENVER CO 80206

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	(1)	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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: 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)

1. Name and Address of Reporting Person^*

Experience Sponsor LLC

(Last) (First) (Middle)

100 ST. PAUL STREET, SUITE 800

(Street)

DENVER CO 80206

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

RESNICK ERIC CHARLES

(Last) (First) (Middle)

100 ST. PAUL STREET, SUITE 800

(Street)

DENVER CO 80206

(City) (State) (Zip)

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:

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

	/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
	KSL Capital Partners V FF, L.P., the owners of Steele ExpCo Holdings, LLC, the managing member of Experience Sponsor LLC	05/11/2021
	/s/ Eric C. Resnick	05/11/2021
	** Signature of Reporting Person	Date
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