David William Clayton - 31 Jan 2024 Form 4 Insider Report for BlackRock Capital Allocation Term Trust (BCAT)

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
BCAT
Transactions as of
31 Jan 2024
Net transactions value
+$4,647
Form type
4
Filing time
02 Feb 2024, 20:42:41 UTC
Previous filing
01 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BCAT Common Stock Options Exercise +7,473 7,473 31 Jan 2024 Direct F1, F2
transaction BCAT Common Stock Disposed to Issuer $114,415 -7,473 -100% $15.31 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 BCAT Phantom Shares Award $119,063 +7,777 $15.31 7,777 31 Jan 2024 Common Stock 7,777 Direct F1, F3
transaction BCAT Phantom Shares Options Exercise -7,473 -100% 0 31 Jan 2024 Common Stock 7,473 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.