Tony Kim - 31 Jan 2022 Form 4 Insider Report for BlackRock Science & Technology Trust (BST)

Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
BST
Transactions as of
31 Jan 2022
Net transactions value
+$1,144,417
Form type
4
Filing time
02 Feb 2022, 20:53:33 UTC
Next filing
04 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BST Common Stock Options Exercise +5,632 5,632 31 Jan 2022 Direct F1, F2, F3, F4
transaction BST Common Stock Disposed to Issuer $257,926 -5,632 -100% $45.80 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 BST Phantom Shares Award $1,402,343 +30,619 $45.80 30,619 31 Jan 2022 Common Stock 30,619 Direct F1, F5
transaction BST Phantom Shares Options Exercise -3,423 -33% 6,846 31 Jan 2022 Common Stock 3,423 Direct F1, F2
transaction BST Phantom Shares Options Exercise -1,688 -50% 1,688 31 Jan 2022 Common Stock 1,688 Direct F1, F3
transaction BST Phantom Shares Options Exercise -520 -100% 0 31 Jan 2022 Common Stock 520 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.