| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | N/A | Common Stock | -Other | -5,000 | -100% | 0 | Nov 13, 2023 | Direct | F1 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | N/A | Phantom Shares | -Other | -940 | -100% | 0 | Nov 13, 2023 | Common Stock | 940 | Direct | F2, F3, F4, F5 |
| Id | Content |
|---|---|
| F1 | Effective as of November 13, 2023, BlackRock Multi-Sector Opportunities Trust II (the "Target Fund") was reorganized into BlackRock Strategic Income Opportunities Portfolio (the "Acquiring Fund"), series of BlackRock Funds V. In the Reorganization, shareholders of the Target Fund received Investor A shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund shares surrendered as determined at the close of business on November 10, 2023, less the costs of the Reorganization. As of November 10, 2023, the Target Fund reported a NAV per share of $67.9207 and the Acquiring Fund reported a NAV per Investor A share of $9.0518. The conversion ratio for the Target Fund's shares was 7.5035573. In the Reorganization, Ronald Redmond received 37,517.786 Investor A shares of the Acquiring Fund in exchange for his 5,000 shares of the Target Fund. |
| F2 | A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash. |
| F3 | Phantom shares vest in equal installments on each of the first three anniversaries of the award. As previously reported on Form 4s dated February 2, 2021, February 3, 2022 and February 2, 2023, Ronald Redmond was previously granted 1,028.4116 phantom shares, 317.9697 phantom shares and 246.5963 phantom shares, respectively, of the Target Fund on January 29, 2021, January 31, 2022 and January 31, 2023, respectively, payable in cash upon vesting. |
| F4 | (Continued from Footnote 3) As of November 10, 2023, Mr. Redmond held 940.0081 phantom shares of the Target Fund, which were comprised of 428.5196 phantom shares granted on January 29, 2021 (with one annual vesting installment remaining), as reported on the Form 4 dated February 2, 2021, 247.4563 phantom shares granted on January 31, 2022 (with two annual vesting installments remaining), as reported on the Form 4 dated February 3, 2022, and 264.0322 phantom shares granted on January 31, 2023 (with three annual vesting installments remaining), as reported on the Form 4 dated February 2, 2023. The annual vesting schedule applicable to each portion of Mr. Redmond's Target Fund phantom shares was preserved with respect to the phantom shares of the Acquiring Fund that Mr. Redmond received in the Reorganization. |
| F5 | In the Reorganization, Mr. Redmond received phantom shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund phantom shares he held as of the close of business on November 10, 2023, calculated using a conversion ratio equal to the NAV per share of the Target Fund relative to the NAV per Investor K share of the Acquiring Fund as of the close of business on November 10, 2023. As of November 10, 2023, the Target Fund reported a NAV per share of $67.9207 and the Acquiring Fund reported a NAV per Investor K share of $9.06. The conversion ratio for the Target Fund's phantom shares was 7.496766. In the Reorganization, Mr. Redmond received 7,047.0205 phantom shares of the Acquiring Fund in exchange for his 940.0081 phantom shares of the Target Fund. |