Wolfe Joseph 4
4 · BLACKROCK ENHANCED CAPITAL & INCOME FUND, INC. · Filed Feb 2, 2023
Insider Transaction Report
Form 4
Wolfe Joseph
Other
Transactions
- Disposition to Issuer
Common Stock
2023-01-31$18.54/sh−1,256.104$23,288→ 0 total - Exercise/Conversion
Common Stock
2023-01-31+1,256.104→ 1,256.104 total - Award
Phantom Shares
2023-01-31$18.54/sh+1,348.436$25,000→ 1,348.436 total→ Common Stock (1,348.436 underlying) - Exercise/Conversion
Phantom Shares
2023-01-31−806.606→ 1,613.212 total→ Common Stock (806.606 underlying) - Exercise/Conversion
Phantom Shares
2023-01-31−449.498→ 449.498 total→ Common Stock (449.498 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, 2022, the Reporting Person was granted phantom shares on January 31, 2022 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 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.
- [F4]These phantom shares vest in equal installments on each of the first three anniversaries of the award.