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4//SEC Filing

BLACKROCK HIGH INCOME SHARES 4

Accession 0001209191-13-054343

CIK 0000830474other

Filed

Nov 26, 7:00 PM ET

Accepted

Nov 27, 2:38 PM ET

Size

5.4 KB

Accession

0001209191-13-054343

Insider Transaction Report

Form 4
Period: 2013-11-18
Transactions
  • Other

    Common Stock

    2013-11-181000 total
Footnotes (1)
  • [F1]Effective as of November 18, 2013, BlackRock High Income Shares (the "Target Fund") was reorganized into BlackRock Corporate High Yield Fund VI, Inc. (the "Acquiring Fund," and such reorganization, the "Reorganization"). In the Reorganization, common shareholders of the Target Fund received common shares of the Acquiring Fund having a value equal to the aggregate NAV of the Target Fund common shares surrendered as determined at the close of business on November 15, 2013, less the costs of the Reorganization. As of November 15, 2013, the Target Fund reported a NAV per share of $2.2662 and the Acquiring Fund reported a NAV per share of $12.9229. The conversion ratio for the Target Fund's common shares was 0.17536312. In the Reorganization, Mr. Cavanagh received 17 common shares of the Acquiring Fund in exchange for his 100 common shares of the Target Fund.

Issuer

BLACKROCK HIGH INCOME SHARES

CIK 0000830474

Entity typeother
IncorporatedMA

Related Parties

1
  • filerCIK 0000830474

Filing Metadata

Form type
4
Filed
Nov 26, 7:00 PM ET
Accepted
Nov 27, 2:38 PM ET
Size
5.4 KB