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

Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
BKT
Transactions as of
31 Jan 2024
Net transactions value
-$30,155
Form type
4
Filing time
02 Feb 2024, 20:37:45 UTC
Previous filing
02 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BKT Common Stock Options Exercise +6,411 6,411 31 Jan 2024 Direct F1, F2
transaction BKT Common Stock Disposed to Issuer $78,020 -6,411 -100% $12.17 0 31 Jan 2024 Direct F1, F2

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 $47,865 +3,933 $12.17 3,933 31 Jan 2024 Common Stock 3,933 Direct F1, F3
transaction BKT Phantom Shares Options Exercise -6,411 -100% 0 31 Jan 2024 Common Stock 6,411 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 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.
F3 These phantom shares vest in equal installments on each of the first three anniversaries of the award.