Home/Filings/4/0001209191-08-049343
4//SEC Filing

BLACKROCK FINANCIAL MANAGEMENT INC 4

Accession 0001209191-08-049343

CIK 0001050112other

Filed

Aug 26, 8:00 PM ET

Accepted

Aug 27, 4:59 PM ET

Size

6.6 KB

Accession

0001209191-08-049343

Insider Transaction Report

Form 4
Period: 2008-08-25
Transactions
  • Other

    Common Stock

    2008-08-25+641,3932,033,710 total
Footnotes (2)
  • [F1]Quarterly payments in shares of Anthracite Capital, Inc. (the "Company") Common Stock of the base management fee and incentive fee to BlackRock Financial Management, Inc. (the "Manager") under the Amended and Restated Investment Advisory Agreement, dated as of March 31, 2008, between the Company and BlackRock Financial Management, Inc. (the "Management Agreement"). For the full one-year term of the Management Agreement, the Manager has agreed that 100% of the base management fee and incentive fee earned shall be payable in shares of Common Stock. The Company granted the shares of Common Stock under the Anthracite Capital, Inc. 2008 Manager Equity Plan.
  • [F2]The number of shares of Common Stock payable for the base management fee and the incentive fee for a quarter is calculated by dividing the applicable fee by the average of the opening and closing prices of the Common Stock on the New York Stock Exchange during the first 10 trading days of the Window Period (as defined in the Management Agreement) in the subsequent quarter.

Issuer

ANTHRACITE CAPITAL INC

CIK 0001050112

Entity typeother

Related Parties

1
  • filerCIK 0000917129

Filing Metadata

Form type
4
Filed
Aug 26, 8:00 PM ET
Accepted
Aug 27, 4:59 PM ET
Size
6.6 KB