BlackRock Health Sciences Term Trust (BMEZ) insider Liu acquired 225.12 shares
Insider transactions reported
Xiang Liu (Portfolio Manager at BlackRock Health Sciences Term Trust, BMEZ) reported that they acquired 225.12 shares, and returned to the company 225.12 shares at $16.49 on Jan 31, 2025. After these transactions the filing shows 0 shares held directly.
- Reporting person
- Liu Xiang
- Role
- Portfolio Manager
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jan 31, 2025 | Exercise or conversion of a derivative (M) | Common Stock1, 2 | +225.1171 | - | - | 225.1171 direct |
| Jan 31, 2025 | Sale back to the company (D) | Common Stock1, 2 | -225.1171 | $16.49 | $3,712 | 0 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jan 31, 2025 | Grant or award (A) | Phantom SharesOn 1,388.2353 Common Stock1, 3 | +1,388.2353 | $16.49 | $22.9K | 1,388.2353 direct |
| Jan 31, 2025 | Exercise or conversion of a derivative (M) | Phantom SharesOn 225.1171 Common Stock1, 2 | -225.1171 | - | - | 450.2342 direct |
Holdings before and after
- Phantom Shares: 0 to 450.2342 direct
Footnotes from the filing
- 1. A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
- 2. As previously reported on a Form 4 dated February 2, 2024, the Reporting Person was granted phantom shares on January 31, 2024 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
- 3. These phantom shares vest in equal installments on each of the first three anniversaries of the award.
Transaction codes in this filing
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
- Sale back to the company:
- Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.
FAQ
What did Liu report in this BMEZ Form 4?
Xiang Liu (Portfolio Manager at BlackRock Health Sciences Term Trust, BMEZ) reported that they acquired 225.12 shares, and returned to the company 225.12 shares at $16.49 on Jan 31, 2025. After these transactions the filing shows 0 shares held directly.
How many BMEZ shares does Liu hold after this filing?
The filing shows 0 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
What does transaction code M mean on an SEC Form 4?
Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
Historical context for BMEZ
Earlier insider filings at BMEZ
- Oct 17, 2024Large owner Saba Capital Management, L.P. bought $1,023,160 worth of shares (64,716 units at $15.81) (SEC Form 4)
- Oct 15, 2024Large owner Saba Capital Management, L.P. bought $242,509 worth of shares (15,281 units at $15.87) (SEC Form 4)
- Oct 4, 2024Portfolio Manager Accettella Christopher bought $18,052 worth of shares (1,190 units at $15.17), increasing direct ownership by 41% to 4,070 units (SEC Form 4)
- Oct 3, 2024Large owner Saba Capital Management, L.P. bought $150,416 worth of shares (9,526 units at $15.79) (SEC Form 4)
- Oct 1, 2024Large owner Saba Capital Management, L.P. bought $126,910 worth of shares (8,012 units at $15.84) (SEC Form 4)
- Market cap
- 30-day
- Sector
- Finance
- Industry
- Trusts Except Educational Religious and Charitable
- Listed since
- 2020
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