Johan G. Broekhuysen - Feb 25, 2022 Form 4 Insider Report for BlackSky Technology Inc. (BKSY)

Role: Chief Financial Officer
Signature: /s/ Christiana L. Lin, attorney-in-fact on behalf of Johan G. Broekhuysen
Stock symbol: BKSY
Transactions as of: Feb 25, 2022
Transactions value $: $32,400
Form type: 4
Date filed: 2/28/2022, 08:25 AM
Previous filing: Dec 23, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BKSY	Class A Common Stock	Purchase	$32.4K	+12K	+2.73%	$2.70	451K	Feb 25, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	439,146 of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of a Class A Common Stock. The restricted stock units are granted pursuant to the BlackSky Technology Inc. 2021 Equity Incentive Plan. The number of restricted stock units was calculated based on the closing price of a share of BlackSky Technology Inc.'s Class A Common Stock on the New York Stock Exchange on December 10, 2021. The restricted stock units will vest as follows: one-fourth (1/4th) of the RSUs will vest on September 10th, 2022, and thereafter, one sixteenth (1/16th) of the total number of RSUs will be scheduled to vest quarterly on the 10th day of the third month of each quarter (March 10, June 10, September 10, December 10), in each case subject to the Reporting Person continuing to be a service provider through the applicable vesting date.

Content

439,146 of these securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of a Class A Common Stock. The restricted stock units are granted pursuant to the BlackSky Technology Inc. 2021 Equity Incentive Plan. The number of restricted stock units was calculated based on the closing price of a share of BlackSky Technology Inc.'s Class A Common Stock on the New York Stock Exchange on December 10, 2021. The restricted stock units will vest as follows: one-fourth (1/4th) of the RSUs will vest on September 10th, 2022, and thereafter, one sixteenth (1/16th) of the total number of RSUs will be scheduled to vest quarterly on the 10th day of the third month of each quarter (March 10, June 10, September 10, December 10), in each case subject to the Reporting Person continuing to be a service provider through the applicable vesting date.