The 2003 IAABO Refresher Test had this question (close enough to have the same ruling; A sub at the table is still bench personnel until beckoned).
#79 Team A is behind by three points when A-1 in front of the team B bench attempts a 3-point try at the buzzer. A team B player comes off the bench and blocks the ball just after A-1 releases it. Official charges team B with a flagrant technical foul and awards team A three free throws. Is the official correct?
Answer: Yes Rule 2-3 (Ha! almost like 9.01c)
They took into consideration that it was a 3-point try, thus the three free throws (would be two free throws had it been a 2-point try). It is flagrant because it displays unacceptable conduct, and technical because it is a noncontact act which is extreme or abusive, occuring at any time. Rule 4-19-4
To me this is the most logical solution. I don't see any justification for calling more than one foul for this one act.
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