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

Role
Chief Operating Officer
Signature
/s/ Diana Huffman, as attorney-in-fact
Issuer symbol
N/A
Transactions as of
31 Jan 2025
Net transactions value
$0
Form type
4
Filing time
21 Feb 2025, 17:50:06 UTC
Previous filing
07 Nov 2024
Next filing
17 Mar 2025
SEC
View on sec.gov

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 -1,210 -33% 2,420 31 Jan 2025 Common Shares 1,210 Direct F1, F2
transaction Phantom Shares Award $0 +5,267 +218% $0.000000 7,687 20 Feb 2025 Common Shares 5,267 Direct F1, F3, 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 common share of beneficial interest and, subject to the applicable vesting requirements, becomes payable in cash.
F2 The Reporting Person was granted phantom shares on January 31, 2024 payable in cash upon vesting pursuant to the Issuer's Involuntary Deferred Compensation Plan, which occurs in equal installments on each of the first three anniversaries of the grant date.
F3 Reflects phantom shares granted effective as of January 31, 2025 based on the Issuer's net asset value determined as of February 20, 2025.
F4 These phantom shares vest in equal installments on each of the first three anniversaries of the award.