||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).
||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").
||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 (the "Exchange Ratio"). Also, each outstanding BlackSky restricted stock unit was converted into an Issuer restricted stock unit using the Exchange Ratio.
||Represents 136,778 restricted stock units, each restricted stock unit representing the right to receive one share of Class A common stock of BlackSky, that vested one-fourth of the number of shares subject to the restricted stock unit award on March 24, 2021; one-half of the number of shares subject to the restricted stock award are scheduled to vest pursuant to the achievement of a certain liquidity event; and thereafter one-forty-eighth of the number of shares subject to the restricted stock unit award will vest on each of the consecutive monthly vesting dates following the liquidity event date.