Philip Henry Ruvinsky - Jan 31, 2024 Form 4 Insider Report for BlackRock Innovation & Growth Term Trust (BIGZ)

Signature
/s/ Gladys Chang as Attorney-in-Fact
Stock symbol
BIGZ
Transactions as of
Jan 31, 2024
Transactions value $
-$155,334
Form type
4
Date filed
2/2/2024, 07:23 PM
Previous filing
Feb 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BIGZ Common Stock Options Exercise +27.6K +275.87% 37.6K Jan 31, 2024 Direct F1, F2, F3
transaction BIGZ Common Stock Disposed to Issuer -$244K -27.6K -73.4% $8.84 10K Jan 31, 2024 Direct F1, F2, F3

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 BIGZ Phantom Shares Award $88.5K +10K $8.84 10K Jan 31, 2024 Common Stock 10K Direct F1, F4
transaction BIGZ Phantom Shares Options Exercise -2.57K -33.33% 5.14K Jan 31, 2024 Common Stock 2.57K Direct F1, F2
transaction BIGZ Phantom Shares Options Exercise -25K -50% 25K Jan 31, 2024 Common Stock 25K Direct F1, F3
* 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, 2023, the Reporting Person was granted phantom shares on January 31, 2023 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
F3 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.
F4 These phantom shares vest in equal installments on each of the first three anniversaries of the award.