Robert Kapito - 31 Jan 2024 Form 4 Insider Report for BlackRock Inc.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Feb 2024, 18:36:34 UTC
Prior SEC filing
18 Jan 2024
Next SEC filing
05 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ R. Andrew Dickson III as Attorney-in-Fact for Robert Kapito

Key filing fact

Robert Kapito filed Form 4 for BlackRock Inc. on 02 Feb 2024.

Key facts

  • This page summarizes Robert Kapito's Form 4 filing for BlackRock Inc..
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 02 Feb 2024, 18:36.

Change

  • Previous filing in this sequence was filed on 18 Jan 2024.
  • Current net transaction value: -$6,839,356.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BLK transaction

Shares Of Common Stock (par Value $0.01 Per Share)

Award

Transaction value
$0
Shares
+11,078
Change %
+5.2%
Price
$0.000000
Shares after
225,876
Date
31 Jan 2024
Ownership
Direct
Footnotes
F1, F2
BLK transaction

Shares Of Common Stock (par Value $0.01 Per Share)

Tax liability

Transaction value
$6,839,356
Shares
-8,749
Change %
-3.9%
Price
$781.73
Shares after
217,127
Date
31 Jan 2024
Ownership
Direct
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Reflects a 2020 BlackRock Performance Incentive Plan award value of $11,187,355 converted to 15,134 Restricted Stock Units by dividing the award value by $739.22, which was the average of the high and low price per share of Common Stock on January 15, 2021 The award was disclosed in the table on page 58 of BlackRock's 2021 Proxy Statement in the column headed "Long-Term Incentive Award (BPIP)." As outlined in BlackRock's 2021 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 73.2% of the original award.

Footnote 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.

Footnote 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.

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