SEC Form 4 · accession 0001127602-16-044275
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 26, 2016
Accepted (ET)
Mar 1, 2016 · 6:10 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 | Feb 26, 2016 | M | 4,000 | $167.76 | A | 150,001 | D | |
| Shares Of Common Stock (par Value $0.01 Per Share)F1 | Feb 26, 2016 | S | 3,161 | $313.3649 | D | 146,840 | 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
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $167.76 | Feb 26, 2016 | M | 4,000 | D | Sep 29, 2011 | Jan 31, 2017 | Common Stock | 4,000 | 24,007 | D |
Explanation of responses
- F1Includes 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.
- F2Relates to a portion of a long-term plan option award of 28,007 options granted on 1/31/07 with an expiration date of 1/31/17.