Patrick Wolfe - 31 Jan 2025 Form 4 Insider Report for BlackRock Credit Strategies Fund

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
31 Jan 2025
Net transactions value
-$89,435
Form type
4
Filing time
04 Feb 2025, 18:04:51 UTC
Previous filing
07 Nov 2024
Next filing
17 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction Common Stock Options Exercise +15,199 15,199 31 Jan 2025 Direct F1, F2, F3, F4
transaction Common Stock Disposed to Issuer $128,585 -15,199 -100% $8.46 0 31 Jan 2025 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 $39,150 +4,628 $8.46 4,628 31 Jan 2025 Common Stock 4,628 Direct F1, F5
transaction Phantom Shares Options Exercise -2,135 -33% 4,270 31 Jan 2025 Common Stock 2,135 Direct F1, F2
transaction Phantom Shares Options Exercise -8,443 -50% 8,443 31 Jan 2025 Common Stock 8,443 Direct F1, F3
transaction Phantom Shares Options Exercise -4,621 -100% 0 31 Jan 2025 Common Stock 4,621 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, 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 As previously reported on a Form 4 dated February 2, 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.
F5 These phantom shares vest in equal installments on each of the first three anniversaries of the award.