BDJ director receives cash-settled performance rights grant
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 Harris Stayce D. received a grant of 555.94 Performance Rights linked to the trust’s common stock. These rights were accrued under the BlackRock Deferred Compensation Plan and reference a value of $8.75 per right.
Each Performance Right is convertible into the cash value of one share of BlackRock Enhanced Equity Dividend Trust and is to be settled 100% in cash at a deferral period chosen by the director. Following this award, the director holds 13,176.04 Performance Rights in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 555.94 | $8.75 | $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
cash value financial
deferral period financial
FAQ
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What insider transaction did BDJ director Harris Stayce D. report?
How many BDJ-linked Performance Rights does the director hold after this Form 4?
What is the reference value per Performance Right in the BDJ filing?
What plan governs the BDJ Performance Rights awarded to the director?
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