SEC Form 4 · accession 0001127602-16-037546
BlackRock Inc. · BLK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J. Richard Kushel
Officer — Senior Managing Director
Period of report
Jan 19, 2016
Accepted (ET)
Jan 21, 2016 · 5:03 pm EST
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,F2 | Jan 19, 2016 | A | 5,200 | $0.00 | A | 158,064 | D | |
| Shares Of Common Stock (par Value $0.01 Per Share) | holding | — | — | — | 1,000 | I | By Family Trust | |
| Shares Of Common Stock (par Value $0.01 Per Share) | holding | — | — | — | 1,000 | I | By Family Trust | |
| Shares Of Common Stock (par Value $0.01 Per Share) | holding | — | — | — | 45,000 | I | By The Kushel Family 2011 Dynasty Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects an award value of $1,540,000 converted to a number of Restricted Stock Units by dividing the approved award value by $296.120, which was the average of the high and low price per share of Common Stock on January 19, 2016. This grant was approved by the Management Development and Compensation Committee on January 13, 2016. Restricted Stock Units vest in equal installments on 1/31/17, 1/31/18 and 1/31/19.
- F2Includes 1,309 shares of Common Stock held in the BlackRock, Inc. Employee Retirement Savings Plan. Also includes (i) 1,558 Restricted Stock Units vesting on 1/31/16, (ii) 3,108 Restricted Stock Units vesting in equal installments on 1/31/16 and 1/31/17, (iii) 4,478 Restricted Stock Units vesting in equal installments on 1/31/16, 1/31/17 and 1/31/18, (iv) 5,200 Restricted Stock Units vesting in equal installments on 1/31/17, 1/31/18 and 1/31/19, (v)19,659 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) 17,750 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) 8,832 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.