CAVANAGH RICHARD 4
4 · BLACKROCK MUNIYIELD QUALITY FUND, INC. · Filed Apr 21, 2021
Insider Transaction Report
Form 4
CAVANAGH RICHARD
Director
Transactions
- Other
Common Stock
2021-04-19+89→ 313 total - Other
Common Stock
2021-04-19+322→ 731 total - Other
Common Stock
2021-04-19+104→ 835 total - Other
Common Stock
2021-04-19+105→ 224 total - Other
Common Stock
2021-04-19+96→ 409 total
Footnotes (5)
- [F1]Effective as of April 19, 2021, BlackRock Maryland Municipal Bond Trust (the "Target Fund") was reorganized into BlackRock MuniYield Quality Fund, Inc. (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 April 16, 2021, less the costs of the Reorganization. As of April 16, 2021, the Target Fund reported a NAV per share of $15.2204 and the Acquiring Fund reported a NAV per share of $16.5997. The conversion ratio for the Target Fund's common shares was 0.91690814. In the Reorganization, Richard E. Cavanagh received 105 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for his 115 common shares of the Target Fund.
- [F2]Effective as of April 19, 2021, BlackRock MuniEnhanced Fund, Inc. (the "Target Fund") was reorganized into BlackRock MuniYield Quality Fund, Inc. (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 April 16, 2021, less the costs of the Reorganization. As of April 16, 2021, the Target Fund reported a NAV per share of $12.4294 and the Acquiring Fund reported a NAV per share of $16.5997. The conversion ratio for the Target Fund's common shares was 0.74877257. In the Reorganization, Richard E. Cavanagh received 89 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for his 120 common shares of the Target Fund.
- [F3]Effective as of April 19, 2021, BlackRock Massachusetts Tax-Exempt Trust (the "Target Fund") was reorganized into BlackRock MuniYield Quality Fund, Inc. (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 April 16, 2021, less the costs of the Reorganization. As of April 16, 2021, the Target Fund reported a NAV per share of $13.8011 and the Acquiring Fund reported a NAV per share of $16.5997. The conversion ratio for the Target Fund's common shares was 0.83140659. In the Reorganization, Richard E. Cavanagh received 96 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for his 116 common shares of the Target Fund.
- [F4]Effective as of April 19, 2021, BlackRock MuniYield Investment Fund (the "Target Fund") was reorganized into BlackRock MuniYield Quality Fund, Inc. (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 April 16, 2021, less the costs of the Reorganization. As of April 16, 2021, the Target Fund reported a NAV per share of $14.7296 and the Acquiring Fund reported a NAV per share of $16.5997. The conversion ratio for the Target Fund's common shares was 0.88734134. In the Reorganization, Richard E. Cavanagh received 322 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for his 364 common shares of the Target Fund.
- [F5]Effective as of April 19, 2021, BlackRock MuniYield Arizona Fund, Inc. (the "Target Fund") was reorganized into BlackRock MuniYield Quality Fund, Inc. (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 April 16, 2021, less the costs of the Reorganization. As of April 16, 2021, the Target Fund reported a NAV per share of $14.8068 and the Acquiring Fund reported a NAV per share of $16.5997. The conversion ratio for the Target Fund's common shares was 0.89199202. In the Reorganization, Richard E. Cavanagh received 104 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for his 117 common shares of the Target Fund.