Wolfe Joseph 4
4 · BLACKROCK ENHANCED CAPITAL & INCOME FUND, INC. · Filed Feb 2, 2022
Insider Transaction Report
Form 4
Wolfe Joseph
Other
Transactions
- Exercise/Conversion
Common Stock
2022-01-31+400.11→ 400.11 total - Disposition to Issuer
Common Stock
2022-01-31$20.30/sh−400.11$8,122→ 0 total - Award
Phantom Shares
2022-01-31$20.30/sh+2,153.941$43,725→ 2,153.941 total→ Common Stock (2,153.941 underlying) - Exercise/Conversion
Phantom Shares
2022-01-31−400.11→ 800.219 total→ Common Stock (400.11 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, 2021, the Reporting Person was granted phantom shares on January 29, 2021 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.