Rzeszowski Edward 4
4 · BlackRock Preferred Partners LLC · Filed Feb 2, 2018
Insider Transaction Report
Form 4
Rzeszowski Edward
Other
Transactions
- Exercise/Conversion
Phantom Shares
2018-01-31−317.9→ 635.81 total→ Common Stock (317.9 underlying) - Disposition to Issuer
Common Stock
2018-01-31$10.40/sh−317.9$3,306→ 0 total - Exercise/Conversion
Common Stock
2018-01-31+317.9→ 317.9 total
Footnotes (2)
- [F1]A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
- [F2]As previously reported on a Form 4 dated March 27, 2017, the Reporting Person was granted phantom shares on January 31, 2017 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.