Robert Kapito - Jan 17, 2023 Form 4 Insider Report for BlackRock Inc. (BLK)

Role
President, Director
Signature
/s/ R. Andrew Dickson III as Attorney-in-Fact for Robert Kapito
Stock symbol
BLK
Transactions as of
Jan 17, 2023
Transactions value $
$2,450,195
Form type
4
Date filed
1/19/2023, 05:47 PM
Previous filing
Nov 3, 2022
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLK Shares Of Common Stock (par Value $0.01 Per Share) Award $2.45M +3.3K +1.63% $743.61 205K Jan 17, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an award value of $2,450,000 converted to a number of Restricted Stock Units by dividing the approved award value by $743.61, which was the average of the high and low price per share of Common Stock on January 17, 2023. This grant was approved by the Management Development and Compensation Committee on January 11, 2023. Restricted Stock Units vest in equal installments on 1/31/24, 1/31/25 and 1/31/26.
F2 Includes Common Stock as well as Restricted Stock Units that vest over a period of 1 to 3 years. Each Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock.
F3 The number of shares has been adjusted to reflect a reconciliation to the reporting person's account records.