BDJ director granted 781.81 performance rights
Steinmetz Arthur Philip reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Steinmetz Arthur Philip reported acquisition or exercise transactions in this Form 4 filing.
BlackRock Enhanced Equity Dividend Trust director Arthur Philip Steinmetz received a grant of 781.81 Performance Rights. The rights were accrued under the BlackRock Deferred Compensation Plan and each right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust.
The Performance Rights will be settled 100% in cash at a deferral period chosen by Steinmetz. Following this grant, he holds a total of 8,585.89 Performance Rights directly, providing additional cash-settled, share-linked compensation rather than an open-market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 781.81 | $8.75 | $7K |
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
cash value financial
deferral period financial
FAQ
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What insider transaction did BDJ director Arthur Philip Steinmetz report?
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What does one BDJ Performance Right represent in this Form 4?
When will Arthur Steinmetz’s BDJ Performance Rights be paid out?
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