Kevin Maloney - 31 Jan 2024 Form 4 Insider Report for BlackRock Long-Term Municipal Advantage Trust (BTA)

Role
Portfolio Manager
Signature
/s/ Gladys Chang as Attorney-in-Fact
Issuer symbol
BTA
Transactions as of
31 Jan 2024
Transactions value $
-$403
Form type
4
Filing time
02 Feb 2024, 18:13:42 UTC
Previous filing
10 Mar 2023
Next filing
04 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BTA Common Stock Options Exercise +39 38 31 Jan 2024 Direct F1, F2
transaction BTA Common Stock Disposed to Issuer -$402 -39 -100% $10.34 0 31 Jan 2024 Direct F1, F2

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 BTA Phantom Shares Options Exercise -39 -33.3% 77 31 Jan 2024 Common Stock 38 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 As previously reported on a Form 4 dated February 2, 2023, the Reporting Person was granted phantom shares on January 31, 2023 payable in cash on vesting, which occurs in equal installments on each of the first three anniversaries of the grant date.