| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | BKSY | Class A Common Stock | 3.25M | Sep 9, 2021 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | Reflects shares of Class A common stock, par value $0.0001, of BlackSky Technology Inc., f/k/a Osprey Technology Acquisition Corp. (the "Issuer"), acquired on September 9, 2021, upon the completion of the merger (the "Business Combination") pursuant to the Agreement and Plan of Merger, dated as of February 17, 2021, by and among the Issuer, Osprey Technology Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of Osprey Technology Acquisition Corp., and BlackSky Holdings, Inc., a Delaware corporation ("BlackSky") (the "Merger Agreement"). |
| F2 | At the effective time of the Business Combination (the "Effective Time"), (i) each share of BlackSky Class A common stock outstanding immediately prior to the Effective Time was converted into the right to receive 0.0912 of a share to the Class A common stock of the Issuer; subject to rounding. |
| F3 | Represents 786,532 shares of Common Stock and 2,462,007 restricted stock units, each restricted stock unit representing the right to receive one share of Class A common stock of BlackSky, that will vest one-half of the number of shares subject to the restricted stock unit award scheduled to vest pursuant to the achievement of certain time and performance conditions (the "First Vesting Date"), and thereafter one-sixteenth of the number of shares subject to the restricted stock unit award will vest on each of the eight consecutive quarterly vesting dates following the First Vesting Date. For avoidance of doubt, the quarterly vesting dates shall mean March 10, June 10, September 10, and December 10. |