James Keenan - Jan 31, 2022 Form 4 Insider Report for BLACKROCK CORPORATE HIGH YIELD FUND, INC. (HYT)

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Stock symbol
HYT
Transactions as of
Jan 31, 2022
Transactions value $
-$381,701
Form type
4
Date filed
2/3/2022, 11:02 AM
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYT Common Stock Options Exercise +34.2K +25.05% 171K Jan 31, 2022 Direct F1, F2, F3
transaction HYT Common Stock Disposed to Issuer -$382K -34.2K -20.03% $11.17 136K Jan 31, 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 HYT Phantom Shares Options Exercise -13.7K -50% 13.7K Jan 31, 2022 Common Stock 13.7K Direct F1, F2
transaction HYT Phantom Shares Options Exercise -20.4K -100% 0 Jan 31, 2022 Common Stock 20.4K 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 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.
F3 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.