Lakhani Samir 4
4 · BlackRock Multi-Sector Income Trust · Filed Feb 2, 2024
Insider Transaction Report
Form 4
Lakhani Samir
Other
Transactions
- Exercise/Conversion
Phantom Shares
2024-01-31−1,606.171→ 3,212.343 total→ Common Stock (1,606.171 underlying) - Disposition to Issuer
Common Stock
2024-01-31$15.42/sh−3,594.398$55,426→ 5,500 total - Award
Phantom Shares
2024-01-31$15.42/sh+4,255.837$65,625→ 4,255.837 total→ Common Stock (4,255.837 underlying) - Exercise/Conversion
Common Stock
2024-01-31+3,594.398→ 9,094.398 total - Exercise/Conversion
Phantom Shares
2024-01-31−1,988.227→ 0 total→ Common Stock (1,988.227 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, 2023, the Reporting Person was granted phantom shares on January 31, 2023 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.