BlackRock BLW director granted 735 performance rights
BLACKROCK Limited Duration Income Trust director James Phillip Holloman received a grant of 735.080 Performance Rights tied to the trust’s common stock value.
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Rhea-AI Filing Summary
BLACKROCK Limited Duration Income Trust director James Phillip Holloman received a grant of 735.080 Performance Rights tied to the trust’s common stock value. The award was accrued under the BlackRock Deferred Compensation Plan and increases his holdings to 15,687.390 Performance Rights.
Each Performance Right represents the cash value of one BLW share and has a conversion price of $12.6000 per right. The Performance Rights will be settled 100% in cash at a future deferral period chosen by Holloman, so they do not represent current share ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 735.08 | $12.60 | $9K |
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 Limited Duration Income 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BLW director James Phillip Holloman report?
How many Performance Rights tied to BLW does Holloman now hold after this grant?
Are the BLW Performance Rights granted to Holloman settled in stock or cash?
What does one Performance Right represent for BLW in this Form 4 filing?
At what reference price were the BLW Performance Rights valued in this grant?
When will Holloman receive cash from his BLW Performance Rights award?
AI-generated analysis. How Rhea-AI works. Not financial advice.