BASSAS STEPHAN 4
4 · BLACKROCK CREDIT ALLOCATION INCOME TRUST · Filed Feb 2, 2021
Insider Transaction Report
Form 4
BASSAS STEPHAN
Other
Transactions
- Exercise/Conversion
Phantom Shares
2021-01-29−3,828.691→ 0 total→ Common Stock (3,828.691 underlying) - Exercise/Conversion
Common Stock
2021-01-29+3,828.691→ 6,379.691 total - Disposition to Issuer
Common Stock
2021-01-29$14.93/sh−3,828.691$57,162→ 2,551 total - Award
Phantom Shares
2021-01-29$14.93/sh+887.475$13,250→ 887.475 total→ Common Stock (887.475 underlying)
Footnotes (3)
- [F1]A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
- [F2]As previously reported on a Form 4 dated February 2, 2018, the Reporting Person was granted phantom shares on January 31, 2018 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
- [F3]These phantom shares vest in equal installments on each of the first three anniversaries of the award.