X0201 42003-12-18 0001060021 BLACKROCK INC /NY BLK 0001059246 KAPITO ROBERT C/O BLACKROCK FINANCIAL MANAGEMENT, INC. 40 EAST 52ND STREET NEW YORK NY 10022 0100Vice ChairmanShares of Class A Common Stock (par value $0.01 per share)2003-12-182003-12-154A018532A25850DRestricted stock granted pursuant to an award made under the BlackRock 1999 Stock Award and Incentive Plan, as amended. The shares become unrestricted in four equal annual installments beginnning on December 15, 2004.Includes 500 shares of Class A Common Stock acquired by the reporting person under the BlackRock, Inc. Employee Stock Purchase Plan (the "ESPP") on January 31, 2002 , 453 shares of Class A Common Stock acquired under the ESPP on July 31, 2002, 500 shares of Class A Common Stock acquired under the ESPP on January 31, 2003, and 76 shares of Class A Common Stock acquired under the ESPP on July 31, 2003. Also includes 789 shares of Class A Common Stock acquired through November 30, 2003 under the PNC Financial Services Group, Inc. Incentive Savings Plan (the "ISP"). The information on this report with respect to the ISP is based on a plan statement dated as of November 30, 2003.Salvatore Rappa2003-12-19