4//SEC Filing
BLACKROCK INCOME OPPORTUNITY TRUST INC. 4
Accession 0001209191-14-069127
CIK 0000880280other
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 2:48 PM ET
Size
5.9 KB
Accession
0001209191-14-069127
Insider Transaction Report
Form 4
Castellano Michael J
Director
Transactions
- Other
Common Stock
2014-11-10−1,000→ 0 total
Footnotes (1)
- [F1]Effective as of November 10, 2014, BlackRock Income Opportunity Trust, Inc. (the "Target Fund") was reorganized into BlackRock Core Bond Trust (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 7, 2014, less the costs of the Reorganization. As of November 7, 2014, the Target Fund reported a NAV per share of $11.6062 and the Acquiring Fund reported a NAV per share of $14.8701. The conversion ratio for the Target Fund's common shares was 0.78050585. In the Reorganization, Mr. Castellano received 780 common shares (and cash for fractional shares, if any) of the Acquiring Fund in exchange for his 1,000 common shares of the Target Fund.
Documents
Issuer
BLACKROCK INCOME OPPORTUNITY TRUST INC.
CIK 0000880280
Entity typeother
IncorporatedMD
Related Parties
1- filerCIK 0000880280
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 2:48 PM ET
- Size
- 5.9 KB