Jana Partners Llc - Sep 9, 2022 Form 4 Insider Report for BlackSky Technology Inc. (BKSY)

Role
Director, Other*
Signature
/s/ JANA Partners LLC, by Jennifer Fanjiang, Partner, Chief Legal Officer and Chief Compliance Officer
Stock symbol
BKSY
Transactions as of
Sep 9, 2022
Transactions value $
$0
Form type
4
Date filed
9/13/2022, 04:15 PM
Previous filing
Aug 23, 2022
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKSY Class A Common Stock, par value $0.0001 per share Award $0 +69.8K +2.42% $0.00 2.95M Sep 9, 2022 See footnotes F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units (RSUs) granted to David DiDomenico, a director of the Issuer and a partner of JANA Partners LLC ("JANA"), a private money management firm and are held by him for the benefit of JANA or have been, or will be, transferred directly to JANA or its affiliate. Each RSU represents a contingent right to receive one share of Class A Common Stock. The RSUs are granted pursuant to the BlackSky Technology Inc. 2021 Equity Incentive Plan which vest in full upon the earlier of the one (1) year anniversary of the award date or the day prior to the Issuer's next annual meeting of the stockholders and in each case subject to David DiDomenico remaining a director through each vesting date.
F2 JANA beneficially owns the securities reported herein through various accounts under its management and control. Barry Rosenstein is the Managing Partner of JANA. JANA and Barry Rosenstein each disclaim any beneficial ownership of any of the Issuer's securities reported herein except to the extent of their respective pecuniary interest therein.

Remarks:

David DiDomenico is a partner of JANA. JANA may be deemed to be a director by deputization for purposes of Section 16 under the Securities Exchange Act of 1934 by virtue of the fact that Mr. DiDomenico currently serves on the board of directors of the Issuer.