BDJ director granted 509 Performance Rights
Harris Stayce D. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Harris Stayce D. reported acquisition or exercise transactions in this Form 4 filing.
BlackRock Enhanced Equity Dividend Trust director Stayce D. Harris received 509.49 Performance Rights as a compensation award. These Performance Rights were accrued under the BlackRock Deferred Compensation Plan and are linked to the value of the trust’s common shares.
Each Performance Right is convertible into the cash value of one BDJ common share and will be settled 100% in cash at a future deferral date chosen by the director. After this grant, Harris holds a total of 13,948.73 Performance Rights directly. This is a routine, non‑trading compensation transaction rather than an open‑market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 509.49 | $9.57 | $5K |
Footnotes (3)
- F1. The Performance Rights were accrued under the BlackRock Deferred Compensation Plan.
- F2. One Performance Right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust.
- F3. The Performance Rights are to be settled 100% in cash at the deferral period chosen by the reporting person.
Key Figures
Key Terms
Performance Rights financial
BlackRock Deferred Compensation Plan financial
settled 100% in cash financial
Form 4 regulatory
FAQ
What did BDJ director Stayce D. Harris report in this Form 4?
How many BDJ-linked Performance Rights does Stayce D. Harris hold after this grant?
How will the BDJ Performance Rights granted to Stayce D. Harris be settled?
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