Brian E. O'Toole - 10 Sep 2024 Form 4 Insider Report for BlackSky Technology Inc. (BKSY)

Signature
/s/ Christiana L. Lin, attorney-in-fact on behalf of Brian E. OToole
Issuer symbol
BKSY
Transactions as of
10 Sep 2024
Transactions value $
-$175,091
Form type
4
Filing time
27 Sep 2024, 16:09:52 UTC
Previous filing
11 Jun 2024
Next filing
12 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKSY Class A Common Stock Sale -$175K -24.4K -4.83% $7.19* 480K 10 Sep 2024 Direct F1, F2
transaction BKSY Class A Common Stock Award $0 +219K +45.68% $0.00 699K 10 Sep 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.