SEC Form 4 · accession 0001127602-17-002065
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 17, 2017
Accepted (ET)
Jan 19, 2017 · 4:22 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 17, 2017 | A | 8,552 | $0.00 | A | 320,104 | D | |
| Shares Of Common Stock (par Value $0.01 Per Share)F3 | holding | — | — | — | 256,138 | 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 $3,209,000 converted to a number of Restricted Stock Units by dividing the approved award value by $375.22, which was the average of the high and low price per share of Common Stock on January 17, 2017. This grant was approved by the Management Development and Compensation Committee on January 11, 2017. Restricted Stock Units vest in equal installments on 1/31/18, 1/31/19 and 1/31/20.
- F2Includes 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.
- F3Reflects total indirect holdings in grantor retained annuity trusts (the "GRATs") as of 1/19/17 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 2/22/16 transfer of 49,079 shares of common stock ("Shares") from the GRATs to direct holdings, the 6/02/16 transfer of 46,237 Shares from the GRATs to direct holdings, the 7/25/16 transfer of 65,544 Shares from the GRATs to this direct holdings and the 7/26/16 transfer of 168,464 Shares from his direct holdings to the GRATs.