0001127602-13-002476.txt : 20130123
0001127602-13-002476.hdr.sgml : 20130123
20130123191309
ACCESSION NUMBER: 0001127602-13-002476
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130118
FILED AS OF DATE: 20130123
DATE AS OF CHANGE: 20130123
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Goldstein Robert L.
CENTRAL INDEX KEY: 0001561432
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33099
FILM NUMBER: 13543850
MAIL ADDRESS:
STREET 1: BLACKROCK, INC.
STREET 2: 55 EAST 52ND STREET
CITY: NEW YORK
STATE: NY
ZIP: 10055
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BlackRock Inc.
CENTRAL INDEX KEY: 0001364742
STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
IRS NUMBER: 320174431
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0226
BUSINESS ADDRESS:
STREET 1: 55 EAST 52ND STREET
CITY: NEW YORK
STATE: NY
ZIP: 10055
BUSINESS PHONE: 212-810-5300
MAIL ADDRESS:
STREET 1: 55 EAST 52ND STREET
CITY: NEW YORK
STATE: NY
ZIP: 10055
FORMER COMPANY:
FORMER CONFORMED NAME: BlackRock, Inc.
DATE OF NAME CHANGE: 20060929
FORMER COMPANY:
FORMER CONFORMED NAME: New BlackRock, Inc.
DATE OF NAME CHANGE: 20060601
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2013-01-18
0001364742
BlackRock Inc.
BLK
0001561432
Goldstein Robert L.
BLACKROCK, INC.
55 EAST 52ND STREET
NEW YORK
NY
10055
1
Senior Managing Director
Shares Of Common Stock (par Value $0.01 Per Share)
2013-01-18
4
A
0
5964
0
A
76053
D
Shares Of Common Stock (par Value $0.01 Per Share)
2013-01-18
4
A
0
16566
0
A
92619
D
Reflects an award value of $1,387,500 converted to a number of Restricted Stock Units by dividing the approved award value by $232.63, which was the average of the high and low price per share of Common Stock on January 18, 2013. This grant was approved by the Management Development and Compensation Committee on January 15, 2013. Restricted Stock Units vest in installments with 33% vesting on 1/31/14, 33% vesting on 1/31/15 and 34% vesting on 1/31/16.
Includes 1,312 shares of Common Stock held in the BlackRock, Inc. Retirement Savings Plan. Also includes (i) 1,395 Restricted Stock Units vesting on 1/31/13, (ii) 4,616 Restricted Stock Units vesting in equal installments on 1/31/13 and 1/31/14, (iii) 6,668 Restricted Stock Units vesting in installments on 1/31/13, 1/31/14 and 1/31/15, (iv) 9,979 Restricted Stock Units vesting on 1/31/14, (v) 5,964 Restricted Stock Units vesting in equal installments on 1/31/14, 1/31/15 and 1/31/16 and (vi) 17,475 Restricted Stock Units awarded on 1/20/12 will vest in whole or in part only on the satisfaction of one or more previously-disclosed Common Stock price targets, but which may not vest before 1/31/16 and will expire on 1/31/18 to the extent not then vested. Each Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock.
Reflects an award value of $2,100,000 converted to a number of Restricted Stock Units using a $126.76 per unit value. The per unit value used for conversion represents a discount to the full value of a share of BlackRock stock on the grant date to account for the performance requirements and the risk of the award not vesting if certain performance requirements are not met. This grant was approved by the Management Development and Compensation Committee on January 15, 2013. This award of 16,566 Restricted Stock Units will vest and be eligible for payment in respect of (A) 33% of the award if the price of a share of Common Stock is at least $267.525 for at least 20 consecutive trading days, (B) 33% of the award if the price of a share of Common Stock is at least $290.788 for at least 20 consecutive trading days and
[Footnote 3 cont.] (C) 34% of the award if the price of a share of Common Stock is at least $314.051 for at least 20 consecutive trading days; provided that, such vesting and eligibility for payment shall occur only if the price of a share of Common Stock on any Vesting Date which occurs subsequent to satisfaction of a condition described in clauses (A), (B) or (C) is at least $267.525, where "Vesting Date" shall mean any of January 31, 2017, January 31, 2018 and January 31, 2019. Accordingly, no portion of this award may vest and be eligible for payment before January 31, 2017 and any portion of this award that has not become vested and eligible for payment, based on the above performance requirements, on or before January 31, 2019 shall on such date expire and be cancelled.
Includes 1,312 shares of Common Stock held in the BlackRock, Inc. Retirement Savings Plan. Also includes (i) 1,395 Restricted Stock Units vesting on 1/31/13, (ii) 4,616 Restricted Stock Units vesting in equal installments on 1/31/13 and 1/31/14, (iii) 6,668 Restricted Stock Units vesting in installments on 1/31/13, 1/31/14 and 1/31/15, (iv) 9,979 Restricted Stock Units vesting on 1/31/14, (v) 5,964 Restricted Stock Units vesting in equal installments on 1/31/14, 1/31/15 and 1/31/16, (vi) 17,475 Restricted Stock Units awarded on 1/20/12 will vest in whole or in part only on the satisfaction of one or more previously-disclosed Common Stock price targets, but which may not vest before 1/31/16 and will expire on 1/31/18 to the extent not then vested and (vii) 16,566 Restricted Stock Units awarded on 1/18/13 will vest in whole or in part only on the satisfaction of one or more Common Stock price targets as reflected in notes 3 and 4 above, but which may not vest before 1/31/17 and will expire on 1/31/19 to the extent not then vested. Each Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock.
/s/ Daniel R. Waltcher as Attorney-in-Fact for Robert L. Goldstein
2013-01-23