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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
	Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person* REVOLUTION MANAGEMENT CO LLC (Last) (First) (Middle) 1717 RHODE ISLAND AVENUE NW 10TH FLOOR (Street) WASHINGTON DC 20036 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol Inspirato Inc [ ISPO ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 09/30/2024
	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 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	09/30/2024		C(1)		838,423	A	$0	888,423	I	By Revolution Portico Holdings LLC(2)
Class A Common Stock	09/30/2024		C(1)		56,250	A	$0	56,250	I	By Exclusive Resorts, LLC(3)
Class V Common Stock	09/30/2024		J(1)		838,423	D	$0	0	I	By Revolution Portico Holdings LLC(2)
Class V Common Stock	09/30/2024		J(1)		56,250	D	$0	0	I	By Exclusive Resorts, LLC(3)
Class A Common Stock								19,973	I	By Alps Investment Holdings LLC(4)

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
Common Units	(5)	09/30/2024		C(1)			838,423	(5)	(5)	Class A Common Stock	838,423	(5)	0	I	By Revolution Portico Holdings LLC(2)
Common Units	(5)	09/30/2024		C(1)			56,250	(5)	(5)	Class A Common Stock	56,250	(5)	0	I	By Exclusive Resorts, LLC(3)

1. Name and Address of Reporting Person* REVOLUTION MANAGEMENT CO LLC (Last) (First) (Middle) 1717 RHODE ISLAND AVENUE NW 10TH FLOOR (Street) WASHINGTON DC 20036 (City) (State) (Zip)

1. Name and Address of Reporting Person* Alps Investment Holdings LLC (Last) (First) (Middle) 1717 RHODE ISLAND AVENUE NW 10TH FLOOR (Street) WASHINGTON DC 20036 (City) (State) (Zip)

1. Name and Address of Reporting Person* CASE STEPHEN M (Last) (First) (Middle) C/O REVOLUTION MANAGEMENT COMPANY LLC 1717 RHODE ISLAND AVE. NW, 10TH FL. (Street) WASHINGTON DC 20036 (City) (State) (Zip)

1. Name and Address of Reporting Person* Revolution Portico Holdings LLC (Last) (First) (Middle) 1717 RHODE ISLAND AVENUE NW 10TH FLOOR (Street) WASHINGTON DC 20036 (City) (State) (Zip)

1. Name and Address of Reporting Person* EXCLUSIVE RESORTS LLC (Last) (First) (Middle) 1601 19TH ST., SUITE 500 (Street) DENVER CO 80202 (City) (State) (Zip)

Explanation of Responses:

1. Represents the mandatory, automatic exchange of Common Units ("Common Units") of Inspirato LLC ("Inspirato"), a direct subsidiary of the Issuer, for shares of Class A Common Stock and the cancellation, for no consideration, of an equivalent number of shares of Class V Common Stock (the "Mandatory Exchange"), in connection with a "Continuing Member COC" (as defined in the Eleventh Amended and Restated Limited Liability Agreement of Inspirato).

2. Securities are held directly by Revolution Portico Holdings LLC ("Portico"). Revolution Management Company LLC ("Revolution") is the manager of Portico and may be deemed to beneficially own the shares held by Portico. Stephen M. Case is the manager of Revolution, and may be deemed to share voting and investment power over the shares held by Portico. Each of Revolution and Mr. Case disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.

3. Securities are held directly by Exclusive Resorts, LLC ("Exclusive"). Revolution is the manager of Exclusive and may be deemed to beneficially own the shares held by Exclusive. Stephen M. Case is the manager of Revolution, and may be deemed to share voting and investment power over the shares held by Exclusive. Each of Revolution and Mr. Case disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.

4. Shares are held directly by Alps Investment Holdings LLC ("Alps"). Revolution is the manager of Alps and may be deemed to beneficially own the shares held by Alps. Stephen M. Case is the manager of Revolution, and may be deemed to share voting and investment power over the shares held by Alps. Each of Revolution and Mr. Case disclaims beneficial ownership of these shares except to the extent of its or his respective pecuniary interest therein.

5. Represents Common Units of Inspirato. Pursuant to the Eleventh Amended and Restated Limited Liability Agreement of Inspirato, prior to the Mandatory Exchange, the Reporting Person had the right to redeem the Common Units, from time to time for, at the election of the Issuer, newly-issued Class A Common Stock of the Issuer on a one-for-one basis or a corresponding amount of cash; provided, that the Issuer could elect to effect a direct exchange of Class A Common Stock for such Common Units. In connection with any redemption or exchange of Common Units, a corresponding number of shares of Class V Common Stock of the Issuer would be canceled.

Remarks:

On October 16, 2023, the Issuer effected a 1-for-20 reverse stock split of its Class A common stock and Class V common stock and Inspirato effected a corresponding 1-for-20 reverse split of the Common Units (collectively, the "Reverse Stock Split"), which is reflected in the Reporting Persons' number of securities beneficially owned reported in this filing.

	Revolution Management Company LLC, By /s/ Stephen M. Case, Manager	10/28/2024
	/s/ Alps Investment Holdings LLC, By Revolution Management Company LLC, its Manager, By /s/ Stephen M. Case, Manager	10/28/2024
	/s/ Stephen M. Case	10/28/2024
	Revolution Portico Holdings LLC, By: Revolution Management Company LLC, its manager, By /s/ Stephen M. Case, Manager	10/28/2024
	Exclusive Resorts, LLC, By: Revolution Management Company LLC, its manager, By /s/ Stephen M. Case, Manager	10/28/2024
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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