SEC Form 4 · accession 0001209191-19-007021
BlackRock Municipal Credit Alpha Portfolio, Inc. · MUNEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Kalinoski
Other
Period of report
Jan 31, 2019
Accepted (ET)
Feb 4, 2019 · 6:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001232860
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 31, 2019 | M | 48 | — | A | 48 | D | |
| Common StockF1,F2 | Jan 31, 2019 | D | 48 | $13.14 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom SharesF1,F3 | — | Jan 31, 2019 | A | 304 | A | — | — | Common Stock | 304 | 304 | D |
| Phantom SharesF1,F2 | — | Jan 31, 2019 | M | 48 | D | — | — | Common Stock | 48 | 97 | D |
Explanation of responses
- F1A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
- F2As previously reported on a Form 4 dated February 2, 2018, the Reporting Person was granted phantom shares on January 31, 2018 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
- F3These phantom shares vest in equal installments on each of the first three anniversaries of the award.