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

Signature
/s/ R. Andrew Dickson III as attorney-in-fact for Mark Wiedman
Stock symbol
BLK
Transactions as of
Jan 17, 2023
Transactions value $
-$803
Form type
4
Date filed
1/19/2023, 06:03 PM
Previous filing
Dec 1, 2022
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BLK Common Stock Award $805K +1.08K +12.49% $743.61 9.76K Jan 17, 2023 Direct F1, F2
transaction BLK Common Stock Sale -$806K -1.08K -11.02% $749.89 8.68K Jan 18, 2023 Direct 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 $805,000 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 This transaction was executed in multiple trades at prices ranging from $749.76 to $750.00. The price reported represents the weighted average sale price of these trades. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.