Key facts
- This page summarizes Robert Kapito's Form 4 filing for BlackRock Inc..
- 2 reported transactions and 0 derivative rows are listed below.
- Filing timestamp: 02 Feb 2023, 18:13.
Robert Kapito - 31 Jan 2023 Form 4 Insider Report for BlackRock Inc.
- Role
- President, Director
- Signature
- /s/ R. Andrew Dickson III as Attorney-in-Fact for Robert Kapito
- Issuer symbol
- N/A
- Transactions as of
- 31 Jan 2023
- Net transactions value
- -$10,221,003
- Form type
- 4
- Filing time
- 02 Feb 2023, 18:13:31 UTC
- Previous filing
- 19 Jan 2023
- Next filing
- 18 Jan 2024
- SEC
- View on sec.gov
Key filing fact
Robert Kapito filed Form 4 for BlackRock Inc. on 02 Feb 2023.
Change
- Previous filing in this sequence was filed on 19 Jan 2023.
- Current net transaction value: -$10,221,003.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
BLK
transaction
Shares Of Common Stock (par Value $0.01 Per Share)
Award
- Transaction value
- $0
- Shares
- +18,886
- Change %
- +9.2%
- Price
- $0.000000
- Shares after
- 223,771
- Date
- 31 Jan 2023
- Ownership
- Direct
- Footnotes
- F1, F2
BLK
transaction
Shares Of Common Stock (par Value $0.01 Per Share)
Tax liability
- Transaction value
- $10,221,003
- Shares
- -13,667
- Change %
- -6.1%
- Price
- $747.86
- Shares after
- 210,104
- Date
- 31 Jan 2023
- Ownership
- Direct
- Footnotes
- F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Reflects a 2019 BlackRock Performance Incentive Plan award value of $8,949,737 converted to 16,773 Restricted Stock Units by dividing the award value by $533.58, which was the average of the high and low price per share of Common Stock on January 16, 2020. The award was disclosed in the table on page 60 of BlackRock's 2020 Proxy Statement in the column headed "Long-Term Incentive Award (BPIP)." As outlined in BlackRock's 2020 Proxy Statement, the award was subject to adjustment based on certain performance metrics approved by the Management Development and Compensation Committee at the time of the award. Based on the Company's performance, the Restricted Stock Units vesting represent 112.6% of the original award. |
| F2 | Includes Common Stock as well as Restricted Stock Units that will 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 | Represents the withholding by BlackRock of common stock to satisfy tax obligations on the vesting of the reporting person's awards granted under the Second Amended and Restated BlackRock, Inc. 1999 Stock Award and Incentive Plan. |