Brian G. Daum - 09 Sep 2021 Form 3 Insider Report for BlackSky Technology Inc. (BKSY)

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
3
Accepted by SEC
16 Sep 2021, 16:33:27 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Christiana L. Lin, attorney-in-fact on behalf of Brian G. Daum

Key filing fact

Brian G. Daum filed Form 3 for BlackSky Technology Inc. (BKSY) on 16 Sep 2021.

Key facts

  • This page summarizes Brian G. Daum's Form 3 filing for BlackSky Technology Inc. (BKSY).
  • 0 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 16 Sep 2021, 16:33.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Official SEC source

Ownership activity is grounded in SEC Form 3 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BKSY holding

Class A Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
1,424,274
Date
09 Sep 2021
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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").

Footnote 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.

Footnote F3

Represents 526,098 shares of Common Stock and 898,176 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 with the first such subsequent vesting date occurring on or after the three months following the First Vesting Date. For avoidance of doubt, the quarterly vesting dates shall mean March 10, June 10, September 10, and December 10.

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