David Delbos - 31 Jan 2024 Form 4 Insider Report for BlackRock Credit Strategies Fund

Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
31 Jan 2024
Net transactions value
-$135,359
Form type
4
Filing time
02 Feb 2024, 20:50:23 UTC
Previous filing
02 Jun 2023
Next filing
04 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Options Exercise +29,232 29,232 31 Jan 2024 Direct F1, F2, F3, F4
transaction Common Stock Disposed to Issuer $251,984 -29,232 -100% $8.62* 0 31 Jan 2024 Direct F1, F2, F3, F4

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 Phantom Shares Award $116,625 +13,530 $8.62* 13,530 31 Jan 2024 Common Stock 13,530 Direct F1, F5
transaction Phantom Shares Options Exercise -4,737 -33% 9,474 31 Jan 2024 Common Stock 4,737 Direct F1, F2
transaction Phantom Shares Options Exercise -5,734 -50% 5,734 31 Jan 2024 Common Stock 5,734 Direct F1, F3
transaction Phantom Shares Options Exercise -18,762 -100% 0 31 Jan 2024 Common Stock 18,762 Direct F1, F4
* 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 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.
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.
F5 These phantom shares vest in equal installments on each of the first three anniversaries of the award.