Michael Perilli - 31 Jan 2023 Form 4 Insider Report for BLACKROCK MUNICIPAL INCOME TRUST (BFK)

Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
BFK
Transactions as of
31 Jan 2023
Net transactions value
+$2,700
Form type
4
Filing time
02 Feb 2023, 15:36:59 UTC
Previous filing
07 Oct 2022
Next filing
25 Mar 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BFK Phantom Shares Award $2,700 +255 $10.60 255 31 Jan 2023 Common Stock 255 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 A phantom share is the economic equivalent of one share of common stock and, subject to the applicable vesting requirements, becomes payable in cash.
F2 These phantom shares vest in equal installments on each of the first three anniversaries of the award.