Matthew Kraeger - Jan 31, 2024 Form 4 Insider Report for BLACKROCK INCOME TRUST, INC. (BKT)

Signature
/s/ Gladys Chang as Attorney-in-Fact
Stock symbol
BKT
Transactions as of
Jan 31, 2024
Transactions value $
-$2,057
Form type
4
Date filed
2/2/2024, 06:16 PM
Previous filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKT Common Stock Options Exercise +1.39K +248.9% 1.95K Jan 31, 2024 Direct F1, F2, F3
transaction BKT Common Stock Disposed to Issuer -$17K -1.39K -71.34% $12.17 560 Jan 31, 2024 Direct F1, F2, F3

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 BKT Phantom Shares Award $14.9K +1.22K $12.17 1.22K Jan 31, 2024 Common Stock 1.22K Direct F1, F4
transaction BKT Phantom Shares Options Exercise -252 -33.33% 503 Jan 31, 2024 Common Stock 252 Direct F1, F2
transaction BKT Phantom Shares Options Exercise -1.14K -100% 0 Jan 31, 2024 Common Stock 1.14K Direct F1, F3
* 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, 2023, the Reporting Person was granted phantom shares on January 31, 2023 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
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.
F4 These phantom shares vest in equal installments on each of the first three anniversaries of the award.