Tracy Ward - Dec 10, 2023 Form 4 Insider Report for BlackSky Technology Inc. (BKSY)

Role: Principal Accounting Officer
Signature: /s/ Christiana L. Lin, attorney-in-fact on behalf of Tracy Ward
Stock symbol: BKSY
Transactions as of: Dec 10, 2023
Transactions value $: -$1,955
Form type: 4
Date filed: 12/12/2023, 04:27 PM
Previous filing: Sep 13, 2023
Next filing: Mar 11, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BKSY	Class A Common Stock	Tax liability	-$1.96K	-1.46K	-0.91%	$1.34	158K	Dec 10, 2023	Direct	F1
transaction	BKSY	Class A Common Stock	Award	$0	+170K	+107.36%	$0.00	328K	Dec 10, 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units (RSUs) and not a market transaction.
F2	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: 1/4 of the RSUs will vest on December 10, 2024, and thereafter, 1/16 of the total number of the RSUs will be scheduled to vest quarterly on the 10th day of the third month of each quarter (March 10, June 10, September 10, December 10), in each case subject to the Reporting Person continuing to be a service provider through the applicable vesting date.

Content

Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units (RSUs) and not a market transaction.

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: 1/4 of the RSUs will vest on December 10, 2024, and thereafter, 1/16 of the total number of the RSUs will be scheduled to vest quarterly on the 10th day of the third month of each quarter (March 10, June 10, September 10, December 10), in each case subject to the Reporting Person continuing to be a service provider through the applicable vesting date.