Christian Romaglino - Jan 31, 2024 Form 4 Insider Report for BlackRock 2037 Municipal Target Term Trust (BMN)

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Stock symbol
BMN
Transactions as of
Jan 31, 2024
Transactions value $
$3,600
Form type
4
Date filed
2/2/2024, 05:52 PM
Previous filing
Jan 30, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BMN Phantom Shares Award $3.6K +149 $24.19 149 Jan 31, 2024 Common Stock 149 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
F2 These phantom shares vest in equal installments on each of the first three anniversaries of the award.