Jeffrey Cucunato - 20 Feb 2024 Form 4 Insider Report for BlackRock Private Investments Fund (NA)

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	NA	Phantom Shares	Award	$55.1K	+4.87K		$11.32^*	4.87K	20 Feb 2024	Common Stock	4.87K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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	These phantom shares vest in equal installments over a three-year period based on the net asset value of the Issuer's common stock as of January 31 of the applicable year.