CII director granted cash-settled 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 Large Cap Core Fund, Inc. director Arthur Philip Steinmetz received a grant of performance rights as part of deferred compensation. He was awarded 327.0900 performance rights on the transaction date, each linked to the cash value of one share of common stock.
The award was accrued under the BlackRock Deferred Compensation Plan and increases his total performance rights to 3682.8000. These performance rights are convertible into the cash value of common shares and are to be settled 100% in cash at the deferral period chosen by the reporting person, rather than in actual fund shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights | 327.09 | $21.48 | $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 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
cash value financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CII director Arthur Philip Steinmetz report?
How many performance rights does the CII director hold after this Form 4 filing?
How are the CII performance rights settled for Arthur Philip Steinmetz?
What does one performance right represent for BlackRock Enhanced Large Cap Core Fund, Inc.?
What plan governs the performance rights awarded to the CII director?
AI-generated analysis. How Rhea-AI works. Not financial advice.