BlackRock Utility Infrastructure & Power Opportunities Trust (BUI) insider Bishop acquired 1,559.47 shares
Insider transactions reported
Alastair Bishop (insider at BlackRock Utility Infrastructure & Power Opportunities Trust, BUI) reported that they acquired 1,559.47 shares, and returned to the company 1,559.47 shares at $25.85 on Jan 29, 2021. After these transactions the filing shows 0 shares held directly.
- Reporting person
- Bishop Alastair
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jan 29, 2021 | Exercise or conversion of a derivative (M) | Common Stock1, 2, 3, ... | +1,559.4725 | - | - | 1,559.4725 direct |
| Jan 29, 2021 | Sale back to the company (D) | Common Stock1, 2, 3, ... | -1,559.4725 | $25.85 | $40.3K | 0 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jan 29, 2021 | Grant or award (A) | Phantom SharesOn 1,636.3636 Common Stock1, 5 | +1,636.3636 | $25.85 | $42.3K | 1,636.3636 direct |
| Jan 29, 2021 | Exercise or conversion of a derivative (M) | Phantom SharesOn 1,559.4725 Common Stock1, 2, 3, ... | -1,559.4725 | - | - | 0 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 4, 2020, the Reporting Person was granted phantom shares on January 31, 2020 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.
- 5. 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 Bishop report in this BUI Form 4?
Alastair Bishop (insider at BlackRock Utility Infrastructure & Power Opportunities Trust, BUI) reported that they acquired 1,559.47 shares, and returned to the company 1,559.47 shares at $25.85 on Jan 29, 2021. After these transactions the filing shows 0 shares held directly.
How many BUI shares does Bishop 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.
Keep researching BUI
- BUI insider tradesEvery buy and sale reported by BlackRock Utility Infrastructure & Power Opportunities Trust officers, directors and large holders.
- What is Form 4?The SEC filing that reports a change in an insider's holdings, such as a purchase, sale, option exercise or grant, generally within two business days.
- Form 4 explainedForm 4 is the SEC filing that discloses when officers, directors and 10% owners buy or sell company stock, due within 2 business days. Learn every key field and code.
- Insider trading trackerThe latest insider buys and sales across every stock.
- BUI dividend historyDividends BlackRock Utility Infrastructure & Power Opportunities Trust has declared, with ex-dates and payment dates.
- Market cap
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- Finance
- Industry
- Trusts Except Educational Religious and Charitable
- Listed since
- 2011
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