SEC Form 4 · accession 0001127602-16-037552
BlackRock Inc. · BLK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laurence Fink
Officer — Chairman and CEO · Director
Period of report
Jan 19, 2016
Accepted (ET)
Jan 21, 2016 · 5:15 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 | 13,828 | $0.00 | A | 1,197,938 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects an award value of $4,095,000 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 1,326 shares of Common Stock held in the BlackRock, Inc. Employee Retirement Savings Plan. Also includes (i) 10,962 Restricted Stock Units vesting on 1/31/16, (ii) 18,596 Restricted Stock Units vesting in equal installments on 1/31/16 and 1/31/17, (iii) 11,618 shares of Restricted Stock vesting in equal installments on 1/31/16, 1/31/17 and 1/31/18, (iv) 13,828 shares of Restricted Stock vesting in equal installments on 1/31/17, 1/31/18 and 1/31/19, (v) 32,766 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) 37,472 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) 24,322 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.