BLACKROCK FINANCIAL MANAGEMENT INC 4
4 · ANTHRACITE CAPITAL INC · Filed Dec 24, 2008
Insider Transaction Report
Form 4
BLACKROCK FINANCIAL MANAGEMENT INC
DirectorOther
Transactions
- Other
Common Stock
2008-12-23+384,544→ 3,417,774 total
Footnotes (1)
- [F1]Restricted shares of Anthracite Capital, Inc. (the "Company") Common Stock issued on December 23, 2008 to BlackRock Financial Management, Inc., the manager of the Company (the "Manager"), pursuant to the provision of the Amended and Restated Investment Advisory Agreement, dated as of March 31, 2008, between the Company and the Manager (the "Management Agreement"), requiring the Company to pay to the Manager as part of the base management fee a number of shares of Common Stock equal to one-half of one percent (0.5%) of the total number of shares of Common Stock outstanding as of the tenth trading day of the Window Period (as defined in the Management Agreement) that commences in the fourth quarter of each year or, if there is no such Window Period, as of December 31 of each year.