BlackRock Enhanced Large Cap director gets cash rights
KESTER W CARL reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
KESTER W CARL reported acquisition or exercise transactions in this Form 4 filing.
BlackRock Enhanced Large Cap Core Fund, Inc. director Carl W. Kester received a grant of 2.7100 Performance Rights, recorded at $24.5100 per right and referencing common stock of the fund. These Performance Rights were accrued under a BlackRock Deferred Compensation Plan and are convertible into the cash value of one common share each.
The Performance Rights are to be settled 100% in cash at the deferral period chosen by Kester, rather than in actual shares. Following this award, he holds a total of 3421.9000 Performance Rights directly.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights F1, F2, F3 | 2.71 | $24.51 | $66.42 |
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 Large Cap Core Fund, Inc.
- 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
Deferred Compensation Plan financial
cash value financial
underlying security financial
FAQ
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What insider transaction did CII report for Carl W. Kester?
How many Performance Rights does the CII director hold after this Form 4 transaction?
Are the CII Performance Rights granted to Carl W. Kester settled in stock or cash?
What is the reference price for the CII Performance Rights granted to the director?
What plan governs the Performance Rights reported in CII's Form 4 filing?
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