SEC Form 4 · accession 0001127602-16-039301
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
Feb 1, 2016
Accepted (ET)
Feb 3, 2016 · 4:35 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 | Feb 1, 2016 | F | 12,063 | $314.26 | D | 146,001 | 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
- F1Represents the withholding by BlackRock of Common Stock to satisfy tax obligation on the vesting of the reporting person's Restricted Stock Units and shares of Restricted Stock granted under the Second Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan.
- F2Includes 1,309 shares of Common Stock held in the BlackRock, Inc. Employee Retirement Savings Plan. Also includes (i) 1,554 Restricted Stock Units vesting on 1/31/17, (ii) 2,986 Restricted Stock Units vesting in equal installments on 1/31/17 and 1/31/18, (iii) 5,200 Restricted Stock Units vesting in equal installments on 1/31/17, 1/31/18 and 1/31/19, (iv) 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 (v) 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.