James Keenan - 31 Jan 2024 Form 4 Insider Report for BlackRock Credit Strategies Fund

Reporting relationship: Portfolio Manager
Issuer ticker: N/A
Reported as of: 31 Jan 2024
Net transaction value: -$111,241
SEC form: 4
Accepted by SEC: 02 Feb 2024, 20:56:06 UTC
Prior SEC filing: 02 Feb 2023
Next SEC filing: 05 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ Gladys Chang as Attorney-in-Fact

Key filing fact

James Keenan filed Form 4 for BlackRock Credit Strategies Fund on 02 Feb 2024.

Key facts

This page summarizes James Keenan's Form 4 filing for BlackRock Credit Strategies Fund.
6 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 02 Feb 2024, 20:56.

Change

Previous filing in this sequence was filed on 02 Feb 2023.
Current net transaction value: -$111,241.

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.

No ticker transaction

Common Stock

Options Exercise

Transaction value
Shares: +111,710
Change %
Price
Shares after: 111,710
Date: 31 Jan 2024
Ownership: Direct
Footnotes: F1, F2, F3, F4

No ticker transaction

Common Stock

Disposed to Issuer

Transaction value: $962,944
Shares: -111,710
Change %: -100%
Price: $8.62^*
Shares after: 0
Date: 31 Jan 2024
Ownership: Direct
Footnotes: F1, F2, F3, F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

No ticker transaction Derivative

Phantom Shares

Award

Transaction value: $851,703
Shares: +98,805
Change %
Price: $8.62^*
Shares after: 98,805
Date: 31 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 98,805
Exercise price
Footnotes: F1, F5

No ticker transaction Derivative

Phantom Shares

Options Exercise

Transaction value
Shares: -21,473
Change %: -33%
Price
Shares after: 42,946
Date: 31 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 21,473
Exercise price
Footnotes: F1, F2

No ticker transaction Derivative

Phantom Shares

Options Exercise

Transaction value
Shares: -33,505
Change %: -50%
Price
Shares after: 33,505
Date: 31 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 33,505
Exercise price
Footnotes: F1, F3

No ticker transaction Derivative

Phantom Shares

Options Exercise

Transaction value
Shares: -56,732
Change %: -100%
Price
Shares after: 0
Date: 31 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 56,732
Exercise price
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.

Footnote F2

As previously reported on a Form 4 dated February 2, 2023, the Reporting Person was granted phantom shares on January 31, 2023 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.

Footnote F3

As previously reported on a Form 4 dated February 2, 2022, the Reporting Person was granted phantom shares on January 31, 2022 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.

Footnote F4

As previously reported on a Form 4 dated February 2, 2021, the Reporting Person was granted phantom shares on January 29, 2021 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.

Footnote F5

These phantom shares vest in equal installments on each of the first three anniversaries of the award.