Mark McCombe - 12 Jan 2022 Form 4 Insider Report for BlackRock Inc.

Role
Senior Managing Director
Signature
/s/ R. Andrew Dickson III as Attorney-in-Fact for Mark McCombe
Issuer symbol
N/A
Transactions as of
12 Jan 2022
Net transactions value
$0
Form type
4
Filing time
14 Jan 2022, 17:25:10 UTC
Previous filing
18 Aug 2021
Next filing
20 Jan 2022
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 BLK Employee Stock Option (Right to Buy) Award $0 +108,190 $0.000000 108,190 12 Jan 2022 Common Stock 108,190 $513.50 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects stock options granted to the reporting person on December 4, 2017. As disclosed in BlackRock's 2018 Proxy Statement, these options are subject to both performance and time vesting requirements. At a meeting held on January 12, 2022, the Management Development & Compensation Committee certified that certain performance criteria, which are conditions for the vesting of the number of options granted (108,190), were satisfied. However, these options are not currently exercisable and remain subject to the time-based vesting requirements described below.
F2 These options shall vest in equal installments on December 4, 2022, December 4, 2023 and December 4, 2024.