Abigail Parzanese - Jan 31, 2024 Form 4 Insider Report for BLACKROCK FLOATING RATE INCOME TRUST (BGT)

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Stock symbol
BGT
Transactions as of
Jan 31, 2024
Transactions value $
$6,562
Form type
4
Date filed
2/2/2024, 05:51 PM
Previous filing
Feb 2, 2023
SEC
View on sec.gov

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 BGT Phantom Shares Award $6.56K +532 $12.34 532 Jan 31, 2024 Common Stock 532 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.