David Delbos - 31 Jan 2025 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 2025
Net transactions value
-$140,686
Form type
4
Filing time
04 Feb 2025, 18:25:02 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 Common Stock Options Exercise +16,630 16,630 31 Jan 2025 Direct F1, F2, F3, F4
transaction Common Stock Disposed to Issuer $140,686 -16,630 -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 Options Exercise -4,955 -50% 4,955 31 Jan 2025 Common Stock 4,955 Direct F1, F2
transaction Phantom Shares Options Exercise -5,270 -50% 5,270 31 Jan 2025 Common Stock 5,270 Direct F1, F3
transaction Phantom Shares Options Exercise -6,405 -100% 0 31 Jan 2025 Common Stock 6,405 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 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.