Mitchell Garfin - Jan 31, 2024 Form 4 Insider Report for BLACKROCK CORPORATE HIGH YIELD FUND, INC. (HYT)

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Stock symbol
HYT
Transactions as of
Jan 31, 2024
Transactions value $
$89,933
Form type
4
Date filed
2/2/2024, 08:20 PM
Previous filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYT Common Stock Options Exercise +15.6K 15.6K Jan 31, 2024 Direct F1, F2, F3
transaction HYT Common Stock Disposed to Issuer -$150K -15.6K -100% $9.60 0 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 HYT Phantom Shares Award $240K +25K $9.60 25K Jan 31, 2024 Common Stock 25K Direct F1, F4
transaction HYT Phantom Shares Options Exercise -5.98K -33.33% 12K Jan 31, 2024 Common Stock 5.98K Direct F1, F2
transaction HYT Phantom Shares Options Exercise -9.63K -100% 0 Jan 31, 2024 Common Stock 9.63K 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.