SEC Form 4 · accession 0001209191-17-045445
BLACKROCK FLOATING RATE INCOME TRUST · BGT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Carl Kester
Director
Period of report
Jul 14, 2017
Accepted (ET)
Jul 18, 2017 · 11:26 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001287480
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF1,F2,F3 | — | Jul 14, 2017 | A | 93 | A | — | — | Common Stock | 93 | 11,031 | D |
Explanation of responses
- F1The Performance Rights were accrued under the BlackRock Deferred Compensation Plan.
- F2One Performance Right is convertible into the cash value of one share of BlackRock Floating Rate Income Trust.
- F3The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.