Clayton David William 4
4 · BlackRock Capital Allocation Term Trust · Filed Feb 2, 2024
Insider Transaction Report
Form 4
Transactions
- Exercise/Conversion
Phantom Shares
2024-01-31−7,473.244→ 0 total→ Common Stock (7,473.244 underlying) - Disposition to Issuer
Common Stock
2024-01-31$15.31/sh−7,473.244$114,415→ 0 total - Award
Phantom Shares
2024-01-31$15.31/sh+7,776.78$119,063→ 7,776.78 total→ Common Stock (7,776.78 underlying) - Exercise/Conversion
Common Stock
2024-01-31+7,473.244→ 7,473.244 total
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.