Kyle McClements - 31 Jan 2024 Form 4 Insider Report for BLACKROCK ENHANCED CAPITAL & INCOME FUND, INC. (CII)

Reporting relationship: Portfolio Manager
Issuer ticker: CII
Reported as of: 31 Jan 2024
Net transaction value: -$5,392
SEC form: 4
Accepted by SEC: 02 Feb 2024, 19:48:29 UTC
Prior SEC filing: 24 Jan 2024
Next SEC filing: 04 Feb 2025
Source filing: View source filing
Reporting owner signature: /s/ Gladys Chang as Attorney-in-Fact

Key filing fact

Kyle McClements filed Form 4 for BLACKROCK ENHANCED CAPITAL & INCOME FUND, INC. (CII) on 02 Feb 2024.

Key facts

This page summarizes Kyle McClements's Form 4 filing for BLACKROCK ENHANCED CAPITAL & INCOME FUND, INC. (CII).
6 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 02 Feb 2024, 19:48.

Change

Previous filing in this sequence was filed on 24 Jan 2024.
Current net transaction value: -$5,392.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CII transaction

Common Stock

Options Exercise

Transaction value
Shares: +1,604
Change %: +27%
Price
Shares after: 7,576
Date: 31 Jan 2024
Ownership: Direct
Footnotes: F1, F2, F3, F4

CII transaction

Common Stock

Disposed to Issuer

Transaction value: $30,517
Shares: -1,604
Change %: -21%
Price: $19.03
Shares after: 5,972
Date: 31 Jan 2024
Ownership: Direct
Footnotes: F1, F2, F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CII transaction Derivative

Phantom Shares

Award

Transaction value: $25,125
Shares: +1,320
Change %
Price: $19.03
Shares after: 1,320
Date: 31 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,320
Exercise price
Footnotes: F1, F5

CII transaction Derivative

Phantom Shares

Options Exercise

Transaction value
Shares: -311
Change %: -33%
Price
Shares after: 622
Date: 31 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 311
Exercise price
Footnotes: F1, F2

CII transaction Derivative

Phantom Shares

Options Exercise

Transaction value
Shares: -628
Change %: -50%
Price
Shares after: 628
Date: 31 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 628
Exercise price
Footnotes: F1, F3

CII transaction Derivative

Phantom Shares

Options Exercise

Transaction value
Shares: -665
Change %: -100%
Price
Shares after: 0
Date: 31 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 665
Exercise price
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote 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.

Footnote 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.

Footnote F3

As previously reported on a Form 4 dated February 3, 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.

Footnote F4

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.

Footnote F5

These phantom shares vest in equal installments on each of the first three anniversaries of the award.