Mitchell Garfin - 31 Jan 2025 Form 4 Insider Report for BLACKROCK CORPORATE HIGH YIELD FUND, INC. (HYT)

Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
HYT
Transactions as of
31 Jan 2025
Net transactions value
+$266,048
Form type
4
Filing time
04 Feb 2025, 17:58:15 UTC
Previous filing
02 Feb 2024
Next filing
03 Feb 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYT Common Stock Options Exercise +15,733 15,733 31 Jan 2025 Direct F1, F2, F3
transaction HYT Common Stock Disposed to Issuer $155,752 -15,733 -100% $9.90 0 31 Jan 2025 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 $421,800 +42,606 $9.90 42,606 31 Jan 2025 Common Stock 42,606 Direct F1, F4
transaction HYT Phantom Shares Options Exercise -9,158 -33% 18,315 31 Jan 2025 Common Stock 9,158 Direct F1, F2
transaction HYT Phantom Shares Options Exercise -6,575 -50% 6,575 31 Jan 2025 Common Stock 6,575 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, 2024, the Reporting Person was granted phantom shares on January 31, 2024 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, 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.
F4 These phantom shares vest in equal installments on each of the first three anniversaries of the award.