J. Richard Kushel - Jan 17, 2023 Form 4 Insider Report for BlackRock Inc. (BLK)

Role: Senior Managing Director
Signature: /s/ R. Andrew Dickson III as Attorney-in-Fact for J. Richard Kushel
Stock symbol: BLK
Transactions as of: Jan 17, 2023
Transactions value $: $1,099,799
Form type: 4
Date filed: 1/19/2023, 05:52 PM
Previous filing: Feb 2, 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	$1.1M	+1.48K	+1.91%	$743.61	78.9K	Jan 17, 2023	Direct	F1, F2
holding	BLK	Shares Of Common Stock (par Value $0.01 Per Share)						26.2K	Jan 17, 2023	By Family Trust
holding	BLK	Shares Of Common Stock (par Value $0.01 Per Share)						1K	Jan 17, 2023	By Family Trust
holding	BLK	Shares Of Common Stock (par Value $0.01 Per Share)						1K	Jan 17, 2023	By Family Trust
holding	BLK	Shares Of Common Stock (par Value $0.01 Per Share)						45K	Jan 17, 2023	By The Kushel Family 2011 Dynasty Trust
holding	BLK	Shares Of Common Stock (par Value $0.01 Per Share)						5.25K	Jan 17, 2023	By The Kushel Family 2018 Trust

* 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 $1,100,000 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.

Content

Reflects an award value of $1,100,000 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.

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.