Christiana L. Lin - Sep 10, 2024 Form 4 Insider Report for BlackSky Technology Inc. (BKSY)

Signature
/s/ Christiana L. Lin
Stock symbol
BKSY
Transactions as of
Sep 10, 2024
Transactions value $
-$93,693
Form type
4
Date filed
9/27/2024, 04:06 PM
Previous filing
Jun 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKSY Class A Common Stock Sale -$93.7K -13K -6.39% $7.19* 191K Sep 10, 2024 Direct F1, F2
transaction BKSY Class A Common Stock Award $0 +169K +88.54% $0.00 360K Sep 10, 2024 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units (RSUs) and does not represent a discretionary sale by the Reporting Person.
F2 The reported number of shares has been adjusted to reflect the impact of the issuer's 1-for-8 reverse stock split completed on September 6, 2024.
F3 These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs will vest as follows: one-fourth of the RSUs will vest on September 10, 2025, and thereafter, one-sixteenth of the total number of RSUs will vest quarterly on the 10th day of the third month of each quarter (March 10, June 10, September 10, December10), in each case subject to the Reporting Person continuing to be a service provider through the applicable vesting date.
F4 Certain of these securities are RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the applicable vesting schedule and conditions of each RSU.