BlackRock Inc. 4
4 · BlackRock Inc. · Filed Jan 31, 2011
Insider Transaction Report
Form 4
WILSON KENDRICK R III
Vice Chairman
Transactions
- Award
Shares of Common Stock (par value $0.01 per share)
2011-01-27+7,235→ 52,952 total - Award
Shares of Common Stock (par value $0.01 per share)
2011-01-27+3,742→ 56,694 total
Footnotes (4)
- [F1]Shares of Restricted Stock granted under the Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan (the "Incentive Plan") as part of the reporting person's bonus and approved by the Management Development and Compensation Committee of the Board of Directors for the 2010 fiscal year under the Amended and Restated 1999 Annual Incentive Performance Plan. The number of shares of Restricted Stock was determined by dividing the approved dollar value of the equity award by $200.405, which was the average of the high and low price per share of Common Stock on January 27, 2011. This formula was approved by the Management Development and Compensation Committee on January 18, 2011. Shares of Restricted Stock vest in installments on 1/31/12, 1/31/13 and 1/31/14.
- [F2]Includes (i) 45,717 Restricted Stock Units vesting in installments on 1/31/13 and 1/31/14 and (ii) 7,235 shares of Restricted Stock vesting in installments on 1/31/12, 1/31/13 and 1/31/14. Each Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock.
- [F3]The Reporting Person also received a 3 year grant of shares of Restricted Stock under the Incentive Plan with a vesting date of 1/31/14. The grant was approved by the Management Development and Compensation Committee of the Board of Directors. The number of shares of Restricted Stock was determined by dividing the approved dollar value of the equity award by $200.405, which was the average of the high and low price per share of Common Stock on January 27, 2011. This formula was approved by the Management Development and Compensation Committee on January 18, 2011.
- [F4]Includes (i) 45,717 Restricted Stock Units vesting in installments on 1/31/13 and 1/31/14, (ii) 7,235 shares of Restricted Stock vesting in installments on 1/31/12, 1/31/13 and 1/31/14 and (iii) 3,742 shares of Restricted Stock vesting on 1/31/14. Each Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock.