Filing Details

Accession Number:
0001127602-20-003628
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-02-04 18:40:23
Reporting Period:
2020-01-31
Accepted Time:
2020-02-04 18:40:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1364742 Blackrock Inc. BLK Security Brokers, Dealers & Flotation Companies (6211) 320174431
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1561432 L. Robert Goldstein Blackrock, Inc.
55 East 52Nd Street
New York NY 10055
Chief Operating Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Shares Of Common Stock (Par Value $0.01 Per Share) Acquisiton 2020-01-31 6,205 $0.00 52,742 No 4 A Direct
Shares Of Common Stock (Par Value $0.01 Per Share) Disposition 2020-01-31 5,796 $539.69 46,946 No 4 F Direct
Shares Of Common Stock (Par Value $0.01 Per Share) Disposition 2020-02-04 5,089 $539.09 41,857 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 S Direct
Footnotes
  1. Reflects a 2016 BlackRock Performance Incentive Plan award value of $2,099,731 converted to 5,596 Restricted Stock Units by dividing the award value by $375.22, which was the average of the high and low price per share of Common Stock on January 17, 2017. The award was disclosed in the table on page 50 of BlackRock's 2017 Proxy Statement in the column headed "Long-Term Incentive Award (BPIP)." As outlined in BlackRock's 2017 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 110.9% of original award.
  2. 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.
  3. 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.
  4. This transaction was executed in multiple trades at prices ranging from $539.00 to $539.52. 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.