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4//SEC Filing

BlackRock Diversified Income Strategies Fund, Inc. 4

Accession 0001209191-12-048808

CIK 0001303649other

Filed

Oct 8, 8:00 PM ET

Accepted

Oct 9, 6:40 PM ET

Size

5.8 KB

Accession

0001209191-12-048808

Insider Transaction Report

Form 4
Period: 2012-10-08
GABBAY HENRY
Director
Transactions
  • Other

    Common Stock

    2012-10-081000 total
Footnotes (1)
  • [F1]Effective as of October 8, 2012, BlackRock Diversified Income Strategies Fund, Inc. (the "Target Fund") was reorganized into BlackRock Floating Rate Income Strategies Fund, Inc. (the "Acquiring Fund," and such reorganization, the "Reorganization"). In the Reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund in an amount equal to the aggregate net asset value of the Target Fund's common shares as determined at the close of business on October 5, 2012, less the costs of the Reorganization (although cash was distributed for any fractional shares). As of October 5, 2012, the Target Fund reported a net asset value per share of $10.8845 and the Acquiring Fund reported a net asset value per share of $15.0289. The conversion ratio for the Target Fund's common shares was 0.72423797. In the Reorganization, Dr. Henry Gabbay received 72 common shares of the Acquiring Fund in exchange for his 100 common shares of the Target Fund.

Issuer

BlackRock Diversified Income Strategies Fund, Inc.

CIK 0001303649

Entity typeother
IncorporatedMD

Related Parties

1
  • filerCIK 0001303649

Filing Metadata

Form type
4
Filed
Oct 8, 8:00 PM ET
Accepted
Oct 9, 6:40 PM ET
Size
5.8 KB