BlackRock Inc. 4
4 · BlackRock Inc. · Filed Jan 21, 2016
Insider Transaction Report
Form 4
Blumer David
Senior Managing Director
Transactions
- Award
Shares Of Common Stock (par Value $0.01 Per Share)
2016-01-19+3,630→ 14,093 total
Footnotes (2)
- [F1]Reflects an award value of $1,074,999 converted to a number of Restricted Stock Units by dividing the approved award value by $296.120, which was the average of the high and low price per share of Common Stock on January 19, 2016. This grant was approved by the Management Development and Compensation Committee on January 13, 2016. Restricted Stock Units vest in equal installments on 1/31/17, 1/31/18 and 1/31/19.
- [F2]Includes (i) 2,028 Restricted Stock Units vesting in equal installments on 1/31/16 and 1/31/17, (ii) 3,162 Restricted Stock Units vesting in equal installments on 1/31/16, 1/31/17 and 1/31/18, (iii) 3,630 Restricted Stock Units vesting in equal installments on 1/31/17, 1/31/18 and 1/31/19 and (iv) 4,736 Restricted Stock Units awarded on 1/17/14 that will vest in whole or in part only on the satisfaction of one or more previously disclosed Common Stock price targets, but which may not vest before January 31, 2018 and will expire on January 31, 2020 to the extent not then yet vested. Each Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock.