FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 08/10/2022 |
3. Issuer Name and Ticker or Trading Symbol
BlackSky Technology Inc. [ BKSY ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Class A Common Stock | 77,519(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Options (Right To Buy) | (2) | 05/17/2029 | Class A Common Stock | 20,433 | $0.012 | D | |
Options (Right To Buy) | (3) | 03/03/2030 | Class A Common Stock | 67,263 | $0.012 | D |
Explanation of Responses: |
1. 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. 2014 Equity Incentive Plan ("the 2014 Plan"). The restricted stock units will vest as follows: one-half (1/2) of the RSUs will vest on March 8, 2022, 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. Each Option represents a right to purchase the underlying securities of the Issuer reported in Table II. The options are granted pursuant to the 2014 Plan. The shares subject to the Option will vest as follows: one fourth (1/4th) of the award vested on April 1, 2020 and thereafter, one forty-eighth (1/48th) of the award are scheduled to vest monthly on the 1st day of each month, subject to the Reporting Person continuing to be a service provider through the applicable vesting date. |
3. Each Option represents a right to purchase the underlying securities of the Issuer reported in Table II. The options are granted pursuant to the 2014 Plan. The shares subject to the Option will vest as follows: one fourth (1/4th) of the award vested on October 31, 2020, and thereafter, one forty-eighth (1/48th) of the award are scheduled to vest monthly on the last day of each month, subject to the Reporting Person continuing to be a service provider through the applicable vesting date. |
Remarks: |
/s/ Christiana L. Lin, attorney-in-fact on behalf of Tracy Ward | 08/10/2022 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |