David Delbos - 31 Jan 2022 Form 4 Insider Report for BlackRock Credit Strategies Fund (N/A)

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
31 Jan 2022
Transactions value $
-$48,189
Form type
4
Filing time
03 Feb 2022, 10:44:47 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 N/A Common Stock Options Exercise +19.4K 19.4K 31 Jan 2022 Direct F1, F2, F3
transaction N/A Common Stock Disposed to Issuer -$190K -19.4K -100% $9.77* 0 31 Jan 2022 Direct F1, F2, F3

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 N/A Phantom Shares Award $141K +14.5K $9.77* 14.5K 31 Jan 2022 Common Stock 14.5K Direct F1, F4
transaction N/A Phantom Shares Options Exercise -15.6K -33.33% 31.2K 31 Jan 2022 Common Stock 15.6K Direct F1, F2
transaction N/A Phantom Shares Options Exercise -3.8K -50% 3.8K 31 Jan 2022 Common Stock 3.8K Direct F1, F3
* 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 These phantom shares vest in equal installments on each of the first three anniversaries of the award.