SEC Form 4 · accession 0001127602-16-049512
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
Apr 15, 2016
Accepted (ET)
Apr 19, 2016 · 6:00 pm EDT
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 | Apr 15, 2016 | M | 8,000 | $167.76 | A | 154,840 | D | |
| Shares Of Common Stock (par Value $0.01 Per Share)F2,F1 | Apr 15, 2016 | S | 6,086 | $356.9018 | D | 148,754 | 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)F3 | $167.76 | Apr 15, 2016 | M | 8,000 | D | Sep 29, 2011 | Jan 31, 2017 | Common Stock | 8,000 | 16,007 | D |
Explanation of responses
- F1Includes Common Stock, Restricted Stock Units that will vest over a period of 1 to 3 years and Restricted Stock Units that will vest in whole or in part only on the satisfaction of one or more previously-disclosed Common Stock price targets. Each Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock.
- F2This transaction was executed in multiple trades at prices ranging from $356.34 to $357.28. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
- F3Relates 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.