SEC Form 4 · accession 0001127602-15-026462
BlackRock Inc. · BLK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Kapito
Officer — President · Director
Period of report
Aug 31, 2015
Accepted (ET)
Sep 2, 2015 · 4:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001364742
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Shares Of Common Stock (par Value $0.01 Per Share)F1 | Aug 31, 2015 | M | 61,949 | $167.76 | A | 373,935 | D | |
| Shares Of Common Stock (par Value $0.01 Per Share)F2,F1 | Aug 31, 2015 | S | 24,132 | $302.6328 | D | 349,803 | D | |
| Shares Of Common Stock (par Value $0.01 Per Share)F3,F1 | Aug 31, 2015 | S | 11,844 | $303.4759 | D | 337,959 | D | |
| Shares Of Common Stock (par Value $0.01 Per Share)F4,F1 | Aug 31, 2015 | S | 9,614 | $304.7959 | D | 328,345 | D | |
| Shares Of Common Stock (par Value $0.01 Per Share)F5,F1 | Aug 31, 2015 | S | 4,410 | $305.4147 | D | 323,935 | D | |
| Shares Of Common Stock (par Value $0.01 Per Share) | holding | — | — | — | 240,114 | I | By Grantor Retained Annuity Trusts |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F6 | $167.76 | Aug 31, 2015 | M | 61,949 | D | Jan 31, 2007 | Jan 31, 2017 | Common Stock | 61,949 | 148,160 | D |
Explanation of responses
- F1Includes (i) 7,981 Restricted Stock Units vesting on 1/31/16, (ii) 14,182 Restricted Stock Units vesting in installments on 1/31/16 and 1/31/17, (iv) 8,928 shares of Restricted Stock vesting in installments on 1/31/16, 1/31/17 and 1/31/18, (v) 26,213 Restricted Stock Units awarded on 1/20/12 that will vest in whole or in part only on the satisfaction of one or more previously-disclosed Common Stock price targets, but which may not vest before 1/31/16 and will expire on 1/31/18 to the extent not then vested, (vi) 29,583 Restricted Stock Units awarded on 1/18/13 that will vest in whole or in part only on the satisfaction of one or more previously-disclosed Common Stock price targets, but which may not vest before 1/31/17 and will expire on 1/31/19 to the extent not then vested and (vii) 19,201 Restricted Stock Units awarded on 1/17/14 that will vest in whole or in part only on the satisfaction of one or more previously-disclosed Common Stock price targets, but which may not vest before 1/31/18 and will expire on 1/31/20 to the extent not then vested. Each Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock.
- F2This transaction was executed in multiple trades at prices ranging from $302.1800 to $303.1400. The price represents the weighted average purchase price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issue, or a security holder of the issuer, full information regarding the shares purchased at each separate price.
- F3This transaction was executed in multiple trades at prices ranging from $303.1750 to $304.1350. The price represents the weighted average purchase price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issue, or a security holder of the issuer, full information regarding the shares purchased at each separate price.
- F4This transaction was executed in multiple trades at prices ranging from $304.2000 to $305.1800. The price represents the weighted average purchase price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issue, or a security holder of the issuer, full information regarding the shares purchased at each separate price.
- F5This transaction was executed in multiple trades at prices ranging from $305.2100 to $305.7100. The price represents the weighted average purchase price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issue, or a security holder of the issuer, full information regarding the shares purchased at each separate price.
- F6Relates to a portion of a long-term plan option award of 210,109 options granted on 1/31/07 with an expiration date of 1/31/17.