Kyle McClements - 31 Jan 2023 Form 4 Insider Report for BlackRock Science & Technology Trust (BST)

Reporting relationship: Portfolio Manager
Issuer ticker: BST
Reported as of: 31 Jan 2023
Net transaction value: -$5,219
SEC form: 4
Accepted by SEC: 02 Feb 2023, 17:22:11 UTC
Prior SEC filing: 13 Jan 2023
Next SEC filing: 30 Apr 2024
Source filing: View source filing
Reporting owner signature: /s/ Gladys Chang as Attorney-in-Fact

Key filing fact

Kyle McClements filed Form 4 for BlackRock Science & Technology Trust (BST) on 02 Feb 2023.

Key facts

This page summarizes Kyle McClements's Form 4 filing for BlackRock Science & Technology Trust (BST).
6 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 02 Feb 2023, 17:22.

Change

Previous filing in this sequence was filed on 13 Jan 2023.
Current net transaction value: -$5,219.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BST transaction

Common Stock

Options Exercise

Transaction value
Shares: +646
Change %
Price
Shares after: 646
Date: 31 Jan 2023
Ownership: Direct
Footnotes: F1, F2, F3, F4

BST transaction

Common Stock

Disposed to Issuer

Transaction value: $21,437
Shares: -646
Change %: -100%
Price: $33.17
Shares after: 0
Date: 31 Jan 2023
Ownership: Direct
Footnotes: F1, F2, F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BST transaction Derivative

Phantom Shares

Award

Transaction value: $16,219
Shares: +489
Change %
Price: $33.17
Shares after: 489
Date: 31 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 489
Exercise price
Footnotes: F1, F5

BST transaction Derivative

Phantom Shares

Options Exercise

Transaction value
Shares: -253
Change %: -33%
Price
Shares after: 506
Date: 31 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 253
Exercise price
Footnotes: F1, F2

BST transaction Derivative

Phantom Shares

Options Exercise

Transaction value
Shares: -200
Change %: -50%
Price
Shares after: 200
Date: 31 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 200
Exercise price
Footnotes: F1, F3

BST transaction Derivative

Phantom Shares

Options Exercise

Transaction value
Shares: -194
Change %: -100%
Price
Shares after: 0
Date: 31 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 194
Exercise price
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F4

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.

Footnote F5

These phantom shares vest in equal installments on each of the first three anniversaries of the award.