Phillip Soccio - 31 Jan 2024 Form 4 Insider Report for BlackRock 2037 Municipal Target Term Trust (BMN)

Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
BMN
Transactions as of
31 Jan 2024
Net transactions value
+$2,025
Form type
4
Filing time
02 Feb 2024, 18:02:41 UTC
Previous filing
10 Mar 2023
Next filing
08 Oct 2024

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 BMN Phantom Shares Award $2,025 +84 $24.19 84 31 Jan 2024 Common Stock 84 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.