4//SEC Filing
CAVANAGH RICHARD 4
Accession 0000899243-21-016571
CIK 0000901824other
Filed
Apr 20, 8:00 PM ET
Accepted
Apr 21, 2:19 PM ET
Size
5.4 KB
Accession
0000899243-21-016571
Insider Transaction Report
Form 4
CAVANAGH RICHARD
Director
Transactions
- Other
Common Stock
2021-04-19−116→ 0 total
Footnotes (1)
- [F1]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.
Documents
Issuer
BLACKROCK MASSACHUSETTS TAX-EXEMPT TRUST
CIK 0000901824
Entity typeother
Related Parties
1- filerCIK 0001075522
Filing Metadata
- Form type
- 4
- Filed
- Apr 20, 8:00 PM ET
- Accepted
- Apr 21, 2:19 PM ET
- Size
- 5.4 KB