Philip Henry Ruvinsky - 31 Jan 2023 Form 4/A - Amendment Insider Report for BlackRock Innovation & Growth Trust (BTX)

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
BTX
Transactions as of
31 Jan 2023
Net transactions value
-$152,716
Form type
4/A - Amendment
Filing time
07 Feb 2023, 10:27:16 UTC
Date Of Original Report
02 Feb 2023
Previous filing
21 Mar 2022
Next filing
06 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGZ Common Stock Options Exercise +23,046 +89% 49,046 31 Jan 2023 Direct F1, F2
transaction BIGZ Common Stock Disposed to Issuer $220,778 -23,046 -47% $9.58 26,000 31 Jan 2023 Direct F1, F2

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 BIGZ Phantom Shares Award $68,063 +7,105 $9.58 7,105 31 Jan 2023 Common Stock 7,105 Direct F1, F3
transaction BIGZ Phantom Shares Options Exercise -23,046 -33% 46,091 31 Jan 2023 Common Stock 23,046 Direct F1, F2
* 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 These phantom shares vest in equal installments on each of the first three anniversaries of the award.

Remarks:

The Form 4 originally filed on behalf of the reporting person on February 2, 2023 (the "Original Filing") incorrectly reflected the number of securities beneficially owned following the reported acquisition. This amendment is intended to replace the Original Filing in its entirety.