William D. Porteous - Sep 30, 2024 Form 4 Insider Report for BlackSky Technology Inc. (BKSY)

Role
Director
Signature
/s/ Christiana L. Lin, attorney-in-fact on behalf of William D. Porteous
Stock symbol
BKSY
Transactions as of
Sep 30, 2024
Transactions value $
$0
Form type
4
Date filed
10/2/2024, 04:10 PM
Previous filing
Sep 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKSY Class A Common Stock Award $0 +4.75K +8.76% $0.00 58.9K Sep 30, 2024 Direct F1, F2
holding BKSY Class A Common Stock 720K Sep 30, 2024 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent the Class A Common Stock that the Reporting Person elected to receive in lieu of cash compensation under the Issuer's Outside Director Compensation Policy for the quarter ended September 30, 2024. The number of shares awarded in lieu of cash was calculated based on the closing price of a share of Class A Common Stock on September 30, 2024.
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 shares are held by RRE Ventures IV, L.P. ("Ventures IV"). The general partner of Ventures IV is RRE Ventures GP VI, LLC ("GP VI"). The managing members and officers of GP VI are James D. Robinson IV, Stuart J. Ellman, and William D. Porteous. Each of GP VI and Messrs. Robinson IV, Ellman, and Porteous disclaim beneficial ownership of the securities reported on this Form 4, except to the extent of its or his pecuniary interest therein, if any.