Philip Henry Ruvinsky - 31 Jan 2025 Form 4 Insider Report for BlackRock Innovation & Growth Term Trust (BTX)

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
BTX
Transactions as of
31 Jan 2025
Net transactions value
-$230,953
Form type
4
Filing time
04 Feb 2025, 18:21:00 UTC
Previous filing
30 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGZ Common Stock Options Exercise +34,614 +960% 38,220 31 Jan 2025 Direct F1, F2, F3, F4
transaction BIGZ Common Stock Disposed to Issuer $283,831 -34,614 -91% $8.20 3,606 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 BIGZ Phantom Shares Award $52,878 +6,449 $8.20 6,449 31 Jan 2025 Common Stock 6,449 Direct F1, F5
transaction BIGZ Phantom Shares Options Exercise -4,371 -33% 8,742 31 Jan 2025 Common Stock 4,371 Direct F1, F2
transaction BIGZ Phantom Shares Options Exercise -2,818 -50% 2,818 31 Jan 2025 Common Stock 2,818 Direct F1, F3
transaction BIGZ Phantom Shares Options Exercise -27,424 -100% 0 31 Jan 2025 Common Stock 27,424 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.