CII director granted 223 Performance Rights
Flores Lorenzo reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Flores Lorenzo reported acquisition or exercise transactions in this Form 4 filing.
BlackRock Enhanced Large Cap Core Fund, Inc. director Lorenzo Flores received a grant of cash-settled Performance Rights as compensation. The award covers 223.4600 Performance Rights tied to the value of the fund’s common stock, bringing his total Performance Rights holdings to 6,442.8100.
Each Performance Right corresponds to the cash value of one share of common stock and was accrued under the BlackRock Deferred Compensation Plan. These rights will be settled 100% in cash at a future deferral date chosen by the reporting person, so they do not represent direct ownership of the fund’s shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 223.46 | $25.77 | $6K |
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
BlackRock Deferred Compensation Plan financial
deferral period financial
cash value financial
FAQ
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What did Lorenzo Flores report in this BlackRock Enhanced Large Cap Core Fund (CII) Form 4?
Are the Performance Rights in this CII Form 4 settled in stock or cash?
How many Performance Rights does Lorenzo Flores hold after this CII transaction?
What is the relationship between each Performance Right and CII common stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.