Mitchell Garfin - 31 Jan 2024 Form 4 Insider Report for BLACKROCK FLOATING RATE INCOME TRUST (BGT)

Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
BGT
Transactions as of
31 Jan 2024
Net transactions value
+$59,940
Form type
4
Filing time
02 Feb 2024, 17:04:54 UTC
Previous filing
02 Feb 2023
Next filing
04 Feb 2025

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 BGT Phantom Shares Award $59,940 +4,857 $12.34 4,857 31 Jan 2024 Common Stock 4,857 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 These phantom shares vest in equal installments on each of the first three anniversaries of the award.