BLACKROCK FINANCIAL MANAGEMENT INC 4
4 · ANTHRACITE CAPITAL INC · Filed Dec 28, 2009
Insider Transaction Report
Form 4
BLACKROCK FINANCIAL MANAGEMENT INC
DirectorOther
Transactions
- Other
Common Stock
2009-12-24+4,003→ 3,305,059 total - Conversion
Restricted Stock Unit
2009-12-24−12,825→ 94,900 totalFrom: 2009-03-31Exp: 2011-03-31→ Common Stock (12,825 underlying) - Conversion
Common Stock
2009-12-24−12,825→ 3,292,234 total - Other
Common Stock
2009-12-24+5,134→ 3,297,368 total - Conversion
Restricted Stock Unit
2009-12-24−10,000→ 106,671 totalFrom: 2008-03-31Exp: 2010-03-31→ Common Stock (10,000 underlying) - Conversion
Common Stock
2009-12-24−10,000→ 3,301,056 total
Footnotes (6)
- [F1]In 2008, BlackRock Financial Management, Inc. (the "Manager"), the manager of Anthracite Capital, Inc. (the "Company"), granted Restricted Stock Units in respect of shares of the Company's common stock to certain employees of the Manager under the BlackRock Inc. Involuntary Deferred Compensation Plan. Each Restricted Stock Unit is payable by delivery of a share of the Company's common stock or the cash value thereof.
- [F2]Shares of the Company's common stock withheld by the Manager to satisfy the Restricted Stock Unit holder's tax withholding obligations arising from the conversion of the Restricted Stock Units, calculated based on the closing price of the Company's common stock on November 12, 2009 ($0.40).
- [F3]In 2009, the Manager granted Restricted Stock Units in respect of shares of the Company's common stock to certain employees of the Manager under the BlackRock, Inc. Involuntary Deferred Compensation Plan. Each Restricted Stock Unit is payable by delivery of a share of the Company's common stock or the cash value thereof.
- [F4]1-for-1.
- [F5]Vested on grant date (March 31, 2008), but not able to be settled until the earlier of termination of the Restricted Stock Unit holder's employment with the Manager, which occurred on November 13, 2009, or March 31, 2010 pursuant to the terms of the Restricted Stock Units.
- [F6]Vested on grant date (March 31, 2009), but not able to be settled until the earlier of termination of the Restricted Stock Unit holder's employment with the Manager, which occurred on November 13, 2009, or March 31, 2011 pursuant to the terms of the Restricted Stock Units.