Wells Fargo & Company/Mn - Apr 11, 2022 Form 4 Insider Report for BLACKROCK MUNIHOLDINGS CALIFORNIA QUALITY FUND, INC. (MUC)

Role
10%+ Owner
Signature
WELLS FARGO & COMPANY, by: /s/ Patricia Arce
Stock symbol
MUC
Transactions as of
Apr 11, 2022
Transactions value $
$0
Form type
4
Date filed
4/13/2022, 10:25 AM
Previous filing
Apr 8, 2022
Next filing
Oct 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUC Variable Rate Muni Term Preferred Shares Other +2.72K +107.24% 5.26K Apr 11, 2022 By Subsidiary F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In connection with the reorganization of BlackRock MuniYield California Fund, Inc. ("MYC") and BlackRock MuniYield California Quality Fund, Inc. ("MCA") into the Issuer, 1,059 Series W-7 Variable Rate Muni Term Preferred Shares ("VMTP Shares") of MYC and 1,665 VMTP Shares of MCA beneficially owned by Wells Fargo Bank, N.A. ("WFBNA") were exchanged for an equal number of VMTP Shares of the Issuer in a cashless transaction. In addition to the VMTP Shares of MYC and MCA that were exchanged for an equal number of VMTP Shares of the Issuer, 2,540 VMTP Shares of the Issuer were previously owned by WFBNA and reported on that cetain Form 3 dated and filed as of March 29, 2012, which form is updated by the filing of this Form 4. WFBNA is a wholly owned subsidiary of Wells Fargo & Company ("Wells Fargo").
F2 This statement is jointly filed by Wells Fargo and WFBNA. Wells Fargo holds an indirect interest in the securities listed in Table I by virtue of its indirect ownership of its subsidiary WFBNA.
F3 Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) of the US Securities Exchange Act of 1934 or any other purpose, (i) acting (or has agreed or is agreeing to act together with any other person) as a partnership, limited partnership, syndicate or other group for the purpose of acquiring, holding or disposing of securities of the Issuer or otherwise with respect to the Issuer or any securities of the Issuer or (ii) a member of any group with respect to the Issuer or any securities of the Issuer.

Remarks:

Exhibits Index Exhibit 99.1 - Joint Filing Agreement Exhibit 99.2 - Joint Filer Information