X0202 4 2007-01-25 0 0001364742 BlackRock Inc. BLK 0001059227 SCHLOSSTEIN RALPH BLACKROCK, INC. 40 EAST 52ND STREET NEW YORK NY 10022 1 1 0 0 President Shares of Common Stock (par value $0.01 per share) 2007-01-25 4 A 0 18358 0.00 A 653434.83 D Shares of Common Stock (par value $0.01 per share) 260000 I By Ralph L. Schlosstein 1998 Long-Term Trust U/A/D 2/2/98 Restricted Stock Units granted under the 1999 Stock Award and Incentive Plan as part of the reporting person's bonus approved by the Management Development and Compensation Committee of the Board of Directors for the 2006 fiscal year under the Amended and Restated 1999 Annual Incentive Performance Plan. The number of Restricted Stock Units was determined by dividing the approved dollar value of the equity award, by $170.90, which was the average of the high and low price per share of Common Stock on January 25, 2007. This formula was approved by the Management Development and Compensation Committee on January 16, 2007. Each Restricted Stock Unit is payable solely by delivery of an equal number of shares of Common Stock and vests in equal installments on 1/31/08, 1/31/09 and 1/31/10. Includes 13,185 shares of restricted Common Stock granted under the BlackRock, Inc. 1999 Stock Award and Incentive Plan, vesting on 12/15/07. Also includes 15,689 Restricted Stock Units granted under the BlackRock, Inc. 1999 Stock Award and Incentive Plan, vesting in equal installments on 1/31/07, 1/31/08 and 1/31/09. 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 Ralph Schlosstein 2007-01-29