Michael J. Castellano - Jul 2, 2021 Form 4 Insider Report for BlackRock Science & Technology Trust (BST)

Role: Director
Signature: /s/ Dean A. Caruvana as Attorney-in-Fact
Stock symbol: BST
Transactions as of: Jul 2, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/16/2021, 12:16 PM
Previous filing: Jul 6, 2021
Next filing: Sep 27, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BST	Common Stock	Exercise of in-the-money or at-the-money derivative security		+200	+33.33%		800	Jul 2, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BST	Transferable Subscription Rights (Right to Buy)	Exercise of in-the-money or at-the-money derivative security		-600	-100%		0	Jul 2, 2021	Common Stock	200		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On June 9, 2021, BlackRock Science and Technology Trust (the "Fund") announced the terms of a pro rata offering of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of June 18, 2021 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 8,417,857 of the Fund's common shares (the "Rights Offering"). Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held; however, any Record Date Shareholder who owns fewer than three common shares as of the Record Date will be entitled to subscribe for one common share. The estimated subscription price per common share is $56.74.

Content

On June 9, 2021, BlackRock Science and Technology Trust (the "Fund") announced the terms of a pro rata offering of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of June 18, 2021 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 8,417,857 of the Fund's common shares (the "Rights Offering"). Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held; however, any Record Date Shareholder who owns fewer than three common shares as of the Record Date will be entitled to subscribe for one common share. The estimated subscription price per common share is $56.74.