4//SEC Filing
BlackRock Inc. 4
Accession 0001209191-10-055184
CIK 0001364742operating
Filed
Nov 15, 7:00 PM ET
Accepted
Nov 16, 3:34 PM ET
Size
9.3 KB
Accession
0001209191-10-055184
Insider Transaction Report
Form 4
PNC BANCORP INC/
10% Owner
Transactions
- Conversion
Common Stock
2010-11-15+11,105,000→ 33,187,450 total - Conversion
Series B Preferred Stock
2010-11-15−11,105,000→ 2,823,188 total - Sale
Series B Preferred Stock
2010-11-15$159.74/sh−7,500,000$1,198,050,000→ 13,928,188 total
Footnotes (2)
- [F1]This price represents the public offer price of the shares of Common Stock of BlackRock Inc. ("BlackRock") less the underwriting discount.
- [F2]Pursuant to an Exchange Agreement, by and between PNC Bancorp, Inc. ("Bancorp"), The PNC Financial Services Group, Inc. and BlackRock, dated November 8, 2010, Bancorp and BlackRock exchanged 11,105,000 shares of Series B Convertible Participating Preferred Stock of BlackRock for an equal number of shares of BlackRock Common Stock. Pursuant to Rule 16a-1(a)(2)(ii)(B) under the Securities Exchange Act of 1934, as amended (the "Act"), each of the Reporting Persons may be deemed to be the beneficial owner of the securities reported herein only to the extent of his or its pecuniary interest therein. Pursuant to Rule 16a-1(a)(4) under the Act, this filing shall not be deemed an admission that any of the Reporting Persons is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities reported herein in excess of such amount.
Documents
Issuer
BlackRock Inc.
CIK 0001364742
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001364742
Filing Metadata
- Form type
- 4
- Filed
- Nov 15, 7:00 PM ET
- Accepted
- Nov 16, 3:34 PM ET
- Size
- 9.3 KB