Antonio DeSpirito III - 31 Jan 2022 Form 4 Insider Report for BlackRock Enhanced Equity Dividend Trust (BDJ)

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
BDJ
Transactions as of
31 Jan 2022
Net transactions value
-$70,461
Form type
4
Filing time
02 Feb 2022, 20:42:46 UTC
Next filing
02 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BDJ Common Stock Options Exercise +33,294 33,294 31 Jan 2022 Direct F1, F2, F3, F4
transaction BDJ Common Stock Disposed to Issuer $325,611 -33,294 -100% $9.78 0 31 Jan 2022 Direct F1, F2, F3, F4

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 BDJ Phantom Shares Award $255,150 +26,089 $9.78 26,089 31 Jan 2022 Common Stock 26,089 Direct F1, F5
transaction BDJ Phantom Shares Options Exercise -9,358 -33% 18,716 31 Jan 2022 Common Stock 9,358 Direct F1, F2
transaction BDJ Phantom Shares Options Exercise -10,376 -50% 10,376 31 Jan 2022 Common Stock 10,376 Direct F1, F3
transaction BDJ Phantom Shares Options Exercise -13,559 -100% 0 31 Jan 2022 Common Stock 13,559 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 February 2, 2021, the Reporting Person was granted phantom shares on January 29, 2021 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
F3 As previously reported on a Form 4 dated February 4, 2020, the Reporting Person was granted phantom shares on January 31, 2020 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
F4 As previously reported on a Form 4 dated February 4, 2019, the Reporting Person was granted phantom shares on January 31, 2019 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
F5 These phantom shares vest in equal installments on each of the first three anniversaries of the award.