Form 4 for BKSY BlackSky Technology Inc.
Accepted 2022-06-15 00:00:00 ET · period of report 2022-06-10 · accession 0001349983-22-000003 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-06-15 | 2022-06-10 | BKSY | Dubois Henry Edward | CFO | A - Grant | $2.10 | +219.6K | 519.4K | +73% | +$461.1K |
| D | 2022-06-15 | 2022-06-10 | BKSY | Dubois Henry Edward | CFO | F - Tax | $2.20 | -1,286 | 518.2K | -0.2% | -$2,829 |
| D | 2022-06-15 | 2022-06-10 | BKSY | Dubois Henry Edward | CFO | A - Grant | $0.00 | +294.2K | 294.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-06-10 | A | A | 219,573 | $2.10 | 519,437 | D | — | — | (F1) These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A Common Stock. The restricted stock units are granted pursuant to the BlackSky Technology Inc. 2021 Equity Incentive Plan. The number of restricted stock units was calculated based on the closing price of a share of BlackSky Technology Inc.'s Class A Common Stock on the New York Stock Exchange on June 10, 2022. The restricted stock units will vest as follows: one-fourth (1/4th) of the RSUs will vest on June 10th, 2023, and thereafter, one sixteenth (1/16th) of the total number of 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. |
| 2 | Common | Class A Common Stock | 2022-06-10 | F | D | 1,286 | $2.20 | 518,151 | D | — | — | (F2) Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting of restricted stock units (RSUs). (F4) The Reporting Person's Form 4 filed on May 12, 2022 inadvertently over-reported the amount of securities beneficially owned. (F3) 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. |
| 3 | Derivative | Options (Right To Buy) | 2022-06-10 | A | A | 294,228 | $0.00 | 294,228 | D | $2.10 · — to 2031-06-10 | 294,228 Class A Common Stock | (F5) Each Option represents the right to purchase the underlying securities of the Issuer reported in Table II. The options are granted pursuant to the BlackSky Technology Inc. Equity Incentive Plan. The shares subject to the Option will vest as follows: 25% of the shares subject to the Option will vest on June 10, 2023, and then 1/48th of the shares subject to the Option vest on a monthly basis thereafter, subject to the Reporting Person's continued service to the Issuer through such date. |