SEC Form 4 · accession 0001209191-15-035306
BLACKROCK MUNIHOLDINGS NEW JERSEY QUALITY FUND, INC. · MUJ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Castellano
Director
Period of report
Apr 13, 2015
Accepted (ET)
Apr 21, 2015 · 3:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001053988
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 13, 2015 | J | 1,492 | — | A | 2,192 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Effective as of April 13, 2015, BlackRock MuniYield New Jersey Quality Fund, Inc. (the "Target Fund") was reorganized into BlackRock MuniHoldings New Jersey Quality Fund, Inc. (the "Acquiring Fund"). In the Reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the close of business on April 10, 2015, less the costs of the Reorganization. As of April 10, 2015, the Target Fund reported a NAV per share of $15.8771 and the Acquiring Fund reported a NAV per share of $15.9617. The conversion ratio for the Target Fund's common shares was 0.99469981. In the Reorganization, Michael Castellano received 1492 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for his 1500 common shares of the Target Fund.