Ron Sion - 31 Jan 2022 Form 4 Insider Report for BLACKROCK INCOME TRUST, INC. (BKT)

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
BKT
Transactions as of
31 Jan 2022
Net transactions value
-$199,821
Form type
4
Filing time
03 Feb 2022, 11:05:25 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 BKT Common Stock Options Exercise +37,142 +89% 79,086 31 Jan 2022 Direct F1, F2, F3, F4
transaction BKT Common Stock Disposed to Issuer $199,821 -37,142 -47% $5.38 41,944 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 BKT Phantom Shares Options Exercise -15,032 -33% 30,065 31 Jan 2022 Common Stock 15,032 Direct F1, F2
transaction BKT Phantom Shares Options Exercise -11,321 -50% 11,321 31 Jan 2022 Common Stock 11,321 Direct F1, F3
transaction BKT Phantom Shares Options Exercise -10,788 -100% 0 31 Jan 2022 Common Stock 10,788 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.