Scott MacLellan - 31 Jan 2023 Form 4 Insider Report for BlackRock Enhanced Government Fund, Inc. (EGF)

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
EGF
Transactions as of
31 Jan 2023
Net transactions value
-$2,608
Form type
4
Filing time
02 Feb 2023, 15:35:03 UTC
Previous filing
02 Feb 2022
Next filing
26 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EGF Common Stock Options Exercise +774 774 31 Jan 2023 Direct F1, F2, F3
transaction EGF Common Stock Disposed to Issuer $7,858 -774 -100% $10.15 0 31 Jan 2023 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 EGF Phantom Shares Award $5,250 +517 $10.15 517 31 Jan 2023 Common Stock 517 Direct F1, F4
transaction EGF Phantom Shares Options Exercise -252 -33% 504 31 Jan 2023 Common Stock 252 Direct F1, F2
transaction EGF Phantom Shares Options Exercise -522 -50% 522 31 Jan 2023 Common Stock 522 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, 2022, the Reporting Person was granted phantom shares on January 31, 2022 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 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.
F4 These phantom shares vest in equal installments on each of the first three anniversaries of the award.