SEC Form 4 · accession 0001127602-16-037551
BlackRock Inc. · BLK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Kapito
Officer — President · Director
Period of report
Jan 19, 2016
Accepted (ET)
Jan 21, 2016 · 5:12 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 | 10,257 | $0.00 | A | 355,863 | D | |
| Shares Of Common Stock (par Value $0.01 Per Share)F3 | holding | — | — | — | 248,534 | I | By Grantor Retained Annuity Trusts |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects an award value of $3,037,500 converted to a number of shares of Restricted Stock 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. Shares of Restricted Stock vest in equal installments on 1/31/17, 1/31/18 and 1/31/19.
- F2Includes (i) 7,981 Restricted Stock Units vesting on 1/31/16, (ii) 14,182 Restricted Stock Units vesting in equal installments on 1/31/16 and 1/31/17, (iii) 8,928 shares of Restricted Stock vesting in equal installments on 1/31/16, 1/31/17 and 1/31/18, (iv) 10,257 shares of Restricted Stock that will vest in equal installments on 1/31/17, 1/31/18 and 1/31/19, (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 share of Restricted Stock or Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock.
- F3Reflects total indirect holdings in grantor retained annuity trusts (the "GRATs") as of 1/19/16 which holdings give effect to transfers from the reporting person's direct holdings to the GRATs and from the GRATs to the reporting person's direct holdings, including the 2/18/15 transfer of 29,733 shares of common stock ("Shares") from the GRATs to direct holdings, the 7/10/15 transfer of 30,301 Shares from the GRATs to direct holdings, the 7/23/15 transfer of 153,218 Shares from direct holdings to the GRATs and the 8/24/15 transfer of 84,764 Shares from the GRATs to direct holdings.