SEC Form 4 · accession 0001209191-15-001189
BlackRock Real Asset Equity Trust · BCF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Fabozzi
Director
Period of report
Dec 8, 2014
Accepted (ET)
Jan 5, 2015 · 5:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001368893
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 8, 2014 | J | 100 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Effective as of December 8, 2014, BlackRock Real Asset Equity Trust (the "Target Fund") was reorganized into BlackRock Resources & Commodities Strategy Trust (the "Acquiring Fund"). In the Reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the close of business on December 5, 2014, less the costs of the Reorganization. As of December 5, 2014, the Target Fund reported a NAV per share of $9.0440 and the Acquiring Fund reported a NAV per share of $11.9598. The conversion ratio for the Target Fund's common shares was 0.75619994. In the Reorganization, Mr. Fabozzi received 75 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for his 100 common shares of the Target Fund.