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Filing Details

Accession Number:: 0001181431-12-032475
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2012-05-24 17:34:36
Reporting Period:: 2012-05-22

Filing Date:: 2012-05-24
Accepted Time:: 2012-05-24 17:34:36
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
312070	/Eng/ Plc Bank Barclays	1 Churchill Place London X0 E14 5HP		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.01 Per Share (	Acquisiton	2012-05-22	29,557,371	$0.00	32,588,887	No	4	C	Indirect	By subsidiary
Common Stock	Disposition	2012-05-22	32,588,887	$156.80	0	No	4	S	Indirect	By subsidiary
Common Stock	Acquisiton	2012-05-23	2,621,134	$0.00	2,621,134	No	4	C	Indirect	By subsidiary
Common Stock	Disposition	2012-05-23	2,621,134	$156.80	0	No	4	S	Indirect	By subsidiary
Common Stock	Disposition	2012-05-22	1	$166.30	0	No	4	S	Indirect	By subsidiary

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	By subsidiary
No	4	S	Indirect	By subsidiary
No	4	C	Indirect	By subsidiary
No	4	S	Indirect	By subsidiary
No	4	S	Indirect	By subsidiary

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series B Convertible Participating Preferred Stock	Disposition	2012-05-22	0	$0.00	29,557,371	$0.00
Common Stock	Series B Convertible Participating Preferred Stock	Disposition	2012-05-23	0	$0.00	2,621,134	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,621,134			No	4	C	Indirect
0			No	4	C	Indirect

Footnotes

This Form 4 is being filed by Barclays Bank PLC, a public company organized under the laws of England and Wales (the "Reporting Person"), on behalf of various of its indirect wholly-owned subsidiaries.
Under the terms of the Series B Convertible Participating Preferred Stock, par value $0.01 per share (the "Series B Preferred Stock"), the shares of Series B Preferred Stock automatically convert into shares of Common Stock upon any transfer to any person that is not an affiliate of the Reporting Person (except for a broker-dealer affiliate in connection with a capital markets transaction). Each share of Series B Preferred Stock converts into the Common Stock on a one-for-one basis.
The shares of Series B Preferred Stock convert immediately upon sale to non-affiliates (other than broker-dealer affiliates in connection with a capital markets transaction) as per Note 2 above.
Pursuant to the Underwriting Agreement, by and among BlackRock, Inc., Barclays (BR Investments) LP, and Barclays Capital Inc. and Morgan Stanley & Co LLC, as representatives of the underwriters named therein, dated as of May 21, 2012 (the "Underwriting Agreement"), 3,000,000 shares of the Common Stock and 23,211,335 shares of Series B Preferred Stock were sold on May 22, 2012 to the underwriters. Pursuant to the Stock Repurchase Agreement between the Reporting Person and BlackRock, Inc., dated as of May 21, 2012, 31,516 shares of the Common Stock and 6,346,036 shares of Series B Preferred Stock were sold to BlackRock, Inc. on May 22, 2012.
Pursuant to an option under the Underwriting Agreement, 2,621,134 shares of Series B Preferred Stock were sold on May 23, 2012 to the underwriters for which Barclays Capital Inc. and Morgan Stanley & Co. LLC are representatives.
As shares of the Series B Preferred Stock are not convertible into shares of the Common Stock while owned by Reporting Person and its affiliates (except for a broker-dealer affiliate in connection with a capital markets transaction), the Reporting Person disclaims beneficial ownership of the shares of the Common Stock underlying the shares of the Series B Preferred Stock. The Series B Preferred Stock is a perpetual security.
A wholly-owned subsidiary sold one share of the Common Stock in error on May 22, 2012.