Tony Kim - Jan 31, 2024 Form 4 Insider Report for BlackRock Science & Technology Term Trust (BSTZ)

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Stock symbol
BSTZ
Transactions as of
Jan 31, 2024
Transactions value $
$127,823
Form type
4
Date filed
2/2/2024, 07:18 PM
Previous filing
Sep 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BSTZ Common Stock Options Exercise +6.01K +3.88% 161K Jan 31, 2024 Direct F1, F2
transaction BSTZ Common Stock Disposed to Issuer -$102K -6.01K -3.74% $16.99 155K Jan 31, 2024 Direct F1, F2

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 BSTZ Phantom Shares Award $230K +13.5K $16.99 13.5K Jan 31, 2024 Common Stock 13.5K Direct F1, F3
transaction BSTZ Phantom Shares Options Exercise -6.01K -50% 6.01K Jan 31, 2024 Common Stock 6.01K 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 As previously reported on a Form 4 dated February 2, 2022, the Reporting Person was granted phantom shares on January 31, 2022 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
F3 These phantom shares vest in equal installments on each of the first three anniversaries of the award.