Burnside Todd 4
4 · BLACKROCK ENHANCED CAPITAL & INCOME FUND, INC. · Filed Feb 3, 2022
Insider Transaction Report
Form 4
Burnside Todd
Other
Transactions
- Exercise/Conversion
Common Stock
2022-01-31+1,586.951→ 1,586.951 total - Disposition to Issuer
Common Stock
2022-01-31$20.30/sh−1,586.951$32,215→ 0 total - Award
Phantom Shares
2022-01-31$20.30/sh+1,607.143$32,625→ 1,607.143 total→ Common Stock (1,607.143 underlying) - Exercise/Conversion
Phantom Shares
2022-01-31−607.762→ 1,215.523 total→ Common Stock (607.762 underlying) - Exercise/Conversion
Phantom Shares
2022-01-31−979.19→ 0 total→ Common Stock (979.19 underlying)
Footnotes (4)
- [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]As previously reported on a Form 4 dated February 4, 2019, the Reporting Person was granted phantom shares on January 31, 2019 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
- [F4]These phantom shares vest in equal installments on each of the first three anniversaries of the award.