Michael Kalinoski - Jan 31, 2022 Form 4 Insider Report for BLACKROCK MUNICIPAL INCOME FUND, INC. (MUI)

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Stock symbol
MUI
Transactions as of
Jan 31, 2022
Transactions value $
-$3,320
Form type
4
Date filed
2/2/2022, 08:59 PM
Previous filing
Jan 21, 2022
Next filing
Mar 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUI Common Stock Options Exercise +231 231 Jan 31, 2022 Direct F1, F2, F3, F4
transaction MUI Common Stock Disposed to Issuer -$3.32K -231 -100% $14.38 0 Jan 31, 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 MUI Phantom Shares Options Exercise -55.1 -33.33% 110 Jan 31, 2022 Common Stock 55.1 Direct F1, F2
transaction MUI Phantom Shares Options Exercise -61 -50% 61 Jan 31, 2022 Common Stock 61 Direct F1, F3
transaction MUI Phantom Shares Options Exercise -115 -100% 0 Jan 31, 2022 Common Stock 115 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.